SAIC Motor Corporation Limited (600104.SS)
| Previous close | 14.18 |
| Open | 14.16 |
| Bid | 14.18 x 0 |
| Ask | 14.19 x 0 |
| Day's range | 14.13 - 14.25 |
| 52-week range | 12.92 - 15.77 |
| Volume | |
| Avg. volume | 19,923,753 |
| Market cap | 164.253B |
| Beta (5Y monthly) | 0.57 |
| PE ratio (TTM) | 11.63 |
| EPS (TTM) | 1.22 |
| Earnings date | 30 Apr 2024 |
| Forward dividend & yield | 0.34 (2.38%) |
| Ex-dividend date | 19 Jul 2023 |
| 1y target est | 16.83 |
Yahoo FinanceAudi furthers EV push into China with new platform agreement
Volkswagen’s Audi premium group is pushing deeper into the Chinese market with domestic partnerships, signing a deal with state-owned SAIC to develop new EVs for the mainland. This comes as global rivals like GM and Ford look to minimize losses in the region.
ReutersExclusive-China's SAIC aims to slash jobs at GM, VW ventures and EV unit, sources say
China's SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters. The state-owned automaker hopes to cut 30% of employees at SAIC-GM, 10% at SAIC Volkswagen and more than half at its Rising Auto EV subsidiary, the people said.
ReutersChina's SAIC set to add 14 vehicle vessels to boost exports
SHANGHAI/BEIJING (Reuters) -SAIC Motor Corp plans to add 14 vehicle vessels in the next three years to its fleet of carriers as the state-owned Chinese automaker aims to boost sales in overseas markets, it said on Wednesday. SAIC-owned Anji Logistics operates 31 carriers that have been shipping vehicles produced by Chinese automakers including Dongfeng, Yutong Bus and Great Wall Motor as well as SAIC's own brands to South East Asia, Mexico, South America and Europe, the company said. SAIC, which sold 1.2 million vehicles out of China in 2023, aims to increase its sales in overseas markets to 1.35 million units in 2024, China's The Paper reported.
