Tag Archives: saic

Chinese carmakers are pumping millions into production facilities abroad with a view to double their production capacity to over 2.7 million vehicles by 2026. The aim is to circumvent looming import tariffs and address the burgeoning demand for electric vehicles (EVs). According to a recent report by Bloomberg, these firms aim to more than double their annual production capabilities outside ...

The EU is expected to announce today it is imposing tariffs on Chinese cars coming to Europe, according to reports. The EU is said to have notified car makers that it would apply additional duties of up to 38.1% on imported Chinese electric vehicles from next month, according to Reuters. This follows hard on the US imposing 100% tariffs on ...

The growth of Chinese car brands in the European market has been in the headlines in the last week or so, so it seems an appropriate point to comment on the news stories but also launch a new initiative from ICDP, where we have extended the ‘fireside chats’ that we have had in some of our recent members’ meeting to ...

I have read and heard quite a lot of comment recently about the challenges that the Chinese new entrant brands (with the notable exception of MG) are having in getting sales traction in Europe. Dealers are signing up to the available franchises, but then not rushing to actually open the showrooms or move from a temporary multi-brand site to a ...

MG Motor UK parent company SAIC Motor has awarded its 4*Overseas Dealer Award to Panda Motors in Swansea for excellent customer service and strong sales performance. Panda Motors was appointed as the main dealer for MG in Swansea in 2016 and has doubled its sales target. The family run motor business was established in 1986. Along with the MG franchise ...

MG is looking for dealers to fill 30 open points across the UK in 2015. It currently has a network of 57 full sales dealerships and 10 aftersales outlets.  The target by the end of 2015 is to have more than 80 full dealerships. MG has been growing its network. Last year it appointed 24 sales dealerships and two aftersales ...

Last autumn, cash-strapped Ford paid £11m to BMW for the rights to the Rover name.