SAIC Motor Corporation Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
SAIC Motor Corporation Limited (SHSE:600104) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company f
Express News | SAIC Motor Group sold 285,000 new energy vehicles in January-April, an increase of more than 35% over the previous year.
SAIC Motor Group (600104): 1Q24 results are in line with expectations; cost reduction and fee control continue to advance
1Q24 results are in line with our expectations SAIC Motor Group announced 1Q24 results: total operating revenue was 143.07 billion yuan, -1.9% YoY, -35.4% month-on-month; net profit to mother was 27.1 billion yuan, -2.5% YoY
SAIC Motor's Profit, Operating Income Rise in Q1
SAIC Motor (SHA:600104) recorded a net profit attributable to shareholders of 2.71 billion yuan, or 0.236 yuan per share, in the first quarter of the year, down 2.5% from 2.78 billion yuan, or 0.242 y
SAIC Motor Group (600104.SH) announced first-quarter results, net profit of 2,714 billion yuan, a decrease of 2.48%
SAIC Motor Group (600104.SH) released its report for the first quarter of 2024, achieving operating income of 143 during the reporting period...
Express News | SAIC Motor Group: Terminal deliveries reached 1.132,000 vehicles in the first quarter, up 9.3% year-on-year
Express News | CRRC Era Semiconductor introduced 26 strategic investors to increase capital by more than 4.3 billion
Express News | Huachuang Securities: Maintains SAIC Motor Group's “Recommended” rating, target price is 16.83 yuan
Express News | The world's first “hydrogen fuel range extender vehicle” unveiled at the Beijing Auto Show
SAIC Motor Group (600104) 2023 Report Review: Continued Focus on the Company's Overseas Expansion and New Energy Transformation
Matters: The company released its 2023 annual report, with annual revenue of 744.7 billion yuan, +0.1% year over year; net profit to mother of 141 billion yuan, -12% year over year; joint venture income of 10.7 billion yuan, -1.1% year over year. Comments:
MG released a new concept car, reducing the price of existing models by up to 30,000 yuan
GLONGHUI, April 25 | According to the interface, the MG MG EXE181 concept supercar was unveiled at the 2024 Beijing Auto Show. The car was built by SAIC Motor's British Design Center. Lu Jiajun, general manager of SAIC MG, said that as of 2023, MG's cumulative overseas sales volume reached 2.2 million vehicles. In addition, a price reduction discount for the three MG models was announced at this press conference, with a maximum reduction of 30,000 yuan.
Cadillac IQ Proud Electric SUV Officially Launched
Gelonghui, April 25 | SAIC-GM's Cadillac brand announced the official launch of its all-electric SUV, the IQ Aoge. The official guide price is 239,700 to 269,700 yuan.
Express News | Huawei establishes an overcharging alliance with 11 car companies including BYD, Guangzhou Automobile, Chery, and Ideal to participate
Thousands of weather looks at Shanghai | The first quasi-solid-state battery is mass-produced, SAIC Motor Group can also allow cars to “walk sideways” | Looking for new momentum for the Chinese economy
① Zhiji Auto's first-generation Lightyear solid-state battery will be mass-produced and marketed within this year, with an estimated mass production of 1,000 units. ② Relying on the “Super Cerebellum” Linglian digital chassis, SAIC Motor Group's Zhiji Auto has independent self-control capabilities in six directions. ③ Focusing on the national strategic goal of “carbon peak, carbon neutrality” and the changing trend of the automotive industry, SAIC Motor Group is making every effort to sprint into the new “electric intelligent connectivity” circuit.
Express News | Liu Tao, CEO of Zhiji Auto: The first-generation Lightyear solid-state battery is expected to be mass-produced and launched within the year
Chinese Commercial Vehicle Sales Rise 10% in Q1
Chinese commercial vehicle sales jumped 10% to more than 1 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
Express News | Famous automotive designer Joseph Caban joins SAIC Motor Design Center
China Automobile Association: The top ten automobile sales companies in January-March sold a total of 5.689 million vehicles, accounting for 84.7% of total automobile sales
From January to March 2024, the top ten automobile sales companies (groups) sold a total of 5.689 million vehicles, accounting for 84.7% of total automobile sales.
GF Securities: Significant flexibility in demand growth in exchange is expected to become a new driving force for total passenger car growth in the next phase
Demand for swaps will grow significantly in the next few years, and it is expected to become a new driving force for total volume growth in the next phase.
Express News | Dongwu Securities: Strategically optimistic about the systematic reshaping of central and state-owned car companies' valuations
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