As parts of its expansion in the automobile industry, Saic Motor Corporation Limited has imported a total of 22 units of brand new salon cars into the country.
This is the third time that the made- in China brands are being imported into the country and sufficient awareness is yet to be created by the relatively unknown company.
As parts of its expansion in the automobile industry, Saic Motor Corporation Limited has imported a total of 22 units of brand new salon cars into the country.
This is the third time that the made- in China brands are being imported into the country and sufficient awareness is yet to be created by the relatively unknown company.
The vehicles arrived at the country on the 24th of January on board a vessel called Morning Cello V 40 from the People’s Republic China. The M.G brands are two, and both brands were spotted at the terminal of Five Star Logistics; there is M.G 750 and M.G 3 which is a replica of a Toyota Camry 2005 model.
SAIC Motor Corporation Limited (SAIC) Chairman Hu Maoyuan and General Motors Co. (GM) Chairman and CEO Daniel Akerson signed an agreement in Shanghai for the co-development of new electric vehicle architectur about two years ago in China.
SAIC and GM are partners in 10 joint ventures in China, which are engaged in vehicle and power train manufacturing, sales and after sales, automotive engineering and design, automotive finance and telematics, and the sale of used vehicles. The companies’ manufacturing joint ventures products; Shanghai GM and SAIC-GM-Wuling, are market leaders in China. In addition, SAIC and GM operate a joint venture in India and SAIC is an investor in GM Korea C
Under the agreement, teams of SAIC, GM and PATAC engineers will work together to develop key components, as well as vehicle structures and architectures. Vehicles resulting from the partnership will be sold in China under Shanghai GM and SAIC brands. SAIC and GM will use the architecture to build EVs across the globe. Product details and timing will be announced at a later date.
Accelerating the introduction of roadworthy technologies such as this future electric vehicle architecture is more important than ever, following the announcement of a number of more stringent emission and fuel consumption regulations around the world, including China.
The agreement is a follow-up to the non-binding memorandum of understanding (MoU) on strategic cooperation signed by SAIC and GM on Nov. 3, 2010. The two automakers had pledged to reinforce their collaboration in certain core areas of their business, including the development of new energy vehicles and the creation of a stronger and more integrated role for PATAC to work on future vehicles and powertrains. GM and SAIC are making an equal investment in the project.
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