SAIC SAI
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From Barron’s, May 7, 2012 (Part 2)
… problems with the US-listed Chinese companies . The issues include variances in the US (SEC) and Chinese ( SAIC ) filing; amendable SAIC filings without any flags; China now requiring “statistics license” to investigate companies in China …
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SAIC says April auto sales up 12.6 pct
SHANGHAI, May 4 (Reuters) - Top Chinese automaker SAIC Motor Corp said sales rose 12.6 percent to 367,600 vehicles in April, up from 10.4 percent year-on-year growth in March.
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NYC to fill budget gap with SAIC settlement-aide
… New York City plans to fill most of a $495 million budget gap in fiscal 2012 and 2013 by using a $466 million payment from SAIC Inc that will settle its role in a fraudulent scheme that overcharged the city for a payroll time-keeping system, an administration …
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UPDATE 2-China's SAIC tops forecast with 7pct rise in net profit
* Revenue 124 billion yuan vs revised 109 billion (Writes through)
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SAIC Q1 net up 7 pct from revised year-ago figures
BEIJING, April 27 (Reuters) - Top Chinese automaker SAIC Motor Corp reported a 6 .95 percent increase i n first quarter earnings from revised year-ago net profit, despite a annual slowdown in first quarter vehicle sales.
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Proview owns iPad trademark in China -govt official
SHANGHAI, April 24 (Reuters) - Proview Technology (Shenzhen), which is battling Apple Inc in a Chinese court over the iPad trademark, is the rightful owner of that mark, a senior official with the State Administration for Industry and Commerce ( SAIC ) said on Tuesday.
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GM, SAIC joint venture could grow after deal -analyst
DETROIT, April 19 (Reuters) - General Motors Co will buy a 1 percent stake in its joint venture with its top Chinese partner SAIC Motor Corp, a move that allows both automakers to expand their partnership, even outside China.
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GM in deal to buy stake from Chinese partner-source
DETROIT, April 18 (Reuters) - General Motors Co and Chinese partner SAIC Motor Corp have agreed to allow GM to buy back the 1 percent share of the joint venture the Detroit automaker sold during its financial crisis several years ago, according to a source familiar with the plan.
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UPDATE 1-China March car sales growth cools on slowing economy
* Dongfeng, SAIC expect to outpace 7-8 pct gain of China market
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China's SAIC says March auto sales up 10.4 pct
SHANGHAI, April 10 (Reuters) - Top Chinese automaker SAIC Motor Corp said on Tuesday its March sales rose 10.4 percent from a year earlier to 393,864 vehicles.