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SAIC in talks with Karmann for Roewe 550 production in Europe

roewe-eu.jpgSAIC are actively seeking partners to build the Roewe 550 for European distribution according to the Chinese automotive portal, auto.sohu.com.

SAIC have reportedly held talks with the German company, Karmann, in hopes of getting them on board to make the Roewe 550 for the European mainland.

SAIC are saying that since buying NAC MG and inheriting the British factory, Longbridge, their strategic sales plans have gathered speed, and have said their next target for expansion is Europe.

Once launched in Europe, the Roewe 550 is expected to sell for 12,000 to 20,000 Euros.

The new Ssangyong Chairman

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Pictures have floated out onto the Korean internet of the latest Ssangyong Chairman luxury sedan, we say sedan, its more of a mini limo.

You may be wondering why Ssangyong is on China Car Times! Ssangyong is half owned by our very own fair SAIC (51% owned, to be exact), thus making it a half Chinese car. The exterior design of the latest Chairman is nothing special, its big, its imposing, its what every company Chairman would want to take him from business meeting to business meeting. Its whats on the inside of the car that most interests China Car Times.

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The Chairmans of old were built off Mercedes Benz 1980’s E-Class platforms, we’re unsure if the latest above Chairman platform is Merc based or not, but if it the platform aint broken, why fix it?

The Interior:

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The dashboard is definitely of Roewe 550 styling - Did SAIC take some style cues from their Korean brothers for the Roewe 550 dash? Check out the pictures in this article - there is some resemblance!

Thanks to M0l0tov for sending us the useful news tip!

Roewe 1.8T - in detail!

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The Roewe 1.8T model will go on sale on March 10th according to our sources. The Roewe 1.8t is set to come in at three different spec levels, prices are expected to be 200,000rmb to 230,000rmb. This makes the lowest priced Roewe 750 1.8T 20,000rmb more expensive than the basic MG7 1.8T.

  • Roewe 750 1.8T - Basic model
  • Roewe 750 1.8T - Business Edition
  • Roewe 750 1.8T - Qi Ya Edition (top model)

The Roewe 750 1.8t puts out 118kw and 215nm of torque, that gives the car a top speed of 205kph.

SAIC and Brilliance hook up to make gearboxes

In an usual move, SAIC has signed a deal with rival car maker Brilliance to research and create 500,000 transmission units per year, including 100,000 automatics.

Brilliance signed the deal with SAICs subsidiary company, Shanghai Automobile Gear Works Co Ltd. The two companies are also set to research DCG - Double Clutch Gearboxes together. The current automatic transmission market in China is dominated by international players, together, SAIC and Brilliance hope to change this.

Roewe 550, unmasked yet again

The Roewe 550 is the Roewe W2 concept that was unveiled in Shanghai last year. Rumor has it that 550 is based off a shortened Rover 75 platform which makes it shorter than a VW Passat, but bigger than the latest Jetta/Sagitar. Under the hood we can expect to see the recently launched 1.8 Turbo assisted engine.

SAIC did once tease us with pictures of their development team in the UK working on a model of the 550, but now many pictures have leaked out onto the internet of the 550 sans camoflauge

Click the below pictures for bigger versions:

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SAIC sells 1.69 million vehicles in 07, thinks it can do better in 08

SAIC is still the runaway sales champion of all the Chinese car makers by a long shot. SAIC sold an amazing 1.69 million vehicles last year, which were a mixture of own branded vehicles (Roewe) and joint venture vehicles from VW and GM.

SAIC sold 1. 13 million passenger vehicles, (up 24.3% on 06) of which 500,000 were vehicles from the GM stable, Shanghai VW sold 456,000 vehicles and Ssangyong (half owned by SAIC) sold 136,000 vehicles.

Roewe sales stand at 16,000 since its launch in March 07.

In the commercial vehicles sector, SAIC sold 520,000 Wuling minivans (up 29% on 06 sales), and a further 24,000 truck sales could be attributed to the SAIC-IVECO-Hongyan partnership (up 69.7% on o6 sales)

In short, SAIC has become a motoring powerhouse in China, since the NAC/SAIC merger, can we expect SAIC to hit 2 million sales in 08? Well, only if they start churning out some new metal at MG!

Roewe Sales, not what we were lead to believe?

A report in the Shanghai Daily is saying that Roewe sales are struggling, and they fell to an all time low of 595 sales in November. Previously we were told they were averaging 2000 units per month, and had a big waiting list!

Click continue reading to see the report!

Continue reading ‘Roewe Sales, not what we were lead to believe?’

SAIC to dump 1.2 billion USD into NAC MG

More news as we get it! The current headline we’ve seen so far is:

Shanghai Automobile Industry Corporation (SAIC) plans to invest 8.5 billion yuan ($1.2 billion) in overhauling Nanjing Automobile Corporation (NAC) in the next three years and enabling the latter to have a yearly capacity of 500,000 units by 2012, according to the Beijing News. The paper quoted sources close to SAIC saying that the Nanjing carmaker’s capacity will increase from current 100,000 units per year to 500,000 units in 2012, or 200,000 units of MG, 250,000 units of commercial vehicles and 150,000 units of Fiats in a breakdown.

From Asiapulse.com, via the ever friendly Seamaster.

Idiot believes SAIC/NAC will set back PRC car industry ‘years’

A bit of funny reporting from Freep.com, based in Detroit (of course):

Ford’s announcement that it’s working to sell its Jaguar and Land Rover operations to India’s Tata Motors is the best news fans of the prestigious British brands could hope for, and potentially a darned good deal for Ford and Tata, too.

On the other hand, Shanghai Automotive Industries Corp.’s plan to use a British assembly plant that last built MG and Rover cars to launch SAIC’s presence in Europe could set the Chinese auto industry back years.

The difference between the two deals comes down largely to expertise and expectations.

For all their flaws, Jaguar and Land Rover have their devotees.

Land Rover’s strong model line appeals to status-hungry shoppers around the world.

Jaguar is about to launch its most promising new car in years, the luxurious and technically advanced XF sport sedan. Both brands use systems that would improve Tata’s other vehicles.

Tata, as India’s largest automaker and part of the family-controlled business that is India’s biggest conglomerate, brings its own strengths to the deal. It has substantial financial resources, manufacturing know-how, planning and home field advantage in a growing market for luxury vehicles.

SUVs may be out of fashion in Hollywood, but Bollywood is booming. And India’s software moguls want fast and sophisticated cars as much as anybody in San Jose, Calif.

If Ford structures the deal so it keeps an interest in the brands, the sale could also be a step toward giving the Dearborn automaker a larger presence in India.

SAIC’s infatuation with MG, Rover and Austin-Healey is harder to figure out. Like many Chinese companies, SAIC, which has excellent car-making joint ventures with GM and Volkswagen, seems to understand that it’s easier and faster to buy a brand than to build one from scratch. Did SAIC buy a brand originally? No - they built one up from the ground up, a brand that sees better sales than MG in China.

But these brands have about as much appeal as Yugo — which is also for sale, by the way. Madness! It’s been decades since Rover sold meaningful numbers of cars outside Britain. MG and Austin-Healey never did. Debatable, but this is CCT not British Car Times There’s some affection for little sports cars like the MG Midget and Austin-Healey’s bug-eyed Sprite, but among a very few people, most of whom also remember leaky roofs and overheating engines.

Believing any of those brands will establish SAIC as a major player in Europe flies in the face of even the rosiest reading of their histories.

Other companies have foundered while trying to pull the Rover Group — which included MG and Austin — out of the whirlpool. The British group nearly sank BMW in the ’90s.

A decade earlier, Honda saw Rover as its ticket to developing luxury cars and formed a joint venture whereby a Rover factory built Acura Legends and a Rover version of the car called the Sterling. The quality was so poor that German dealers refused to take Legends built at the British plant, and Sterling flopped in the United States.

Tata’s probable acquisition gets it two strong brands.

It’s harder to see the upside for SAIC.

The same journalist, Mark Phelan, in a previous article wrote that the rather rancid Jeep Liberty 2008 is a rugged refined classic, when clearly its the most revolting thing to role off the Jeep production line! Bring back the Cherokee!

SAIC on a buying spree, takes up 50% of Shanghai Diesel Co

SAIC is clearly not content with its purchase of Nanjing Automobile Co, SAIC has gone one step further and purchased 50.32% of Shanghai Diesel Engine Co for an amazing 127 million USD (923.42 million yuan)

Shanghai Electric Group (yes, these names do confuse us) sold their 50.32% share of Shanghai Diesel Co to SAIC for unknown reasons.

SAICs reasons for buying Shanghai Diesel Co remain unclear, but we believe that SAIC is aiming to get into the commercial vehicle sector, where diesel engines are widely used.

Shanghai Diesel is one of the larger players in the diesel engine area in China, making engines for passenger vehicles, cars, trucks, buses and machinery, Shanghai Diesel also export to around 50 different countries around the world.




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