SAIC’s Reshuffle still in Cover

SAIC Motor, China's largest automaker, is considering injecting its commercial vehicle assets into Shanghai Diesel Engine, which it is in the process of taking over. The proposed asset transfer is still in the early stages of consideration.   However, an SAIC spokeswoman said there had been no discussions of such a plan at the company. "We have never discussed such a plan. We will announce all major restructuring deals in a timely manner," she said.

Related China Bus News

• BYD Delivers 100 Units of 12-Meter Electric Buses to Uruguayan Operator CUTCSA 09-26
• Ankai Bus: High Standards Escort World-Class Event 09-26
• Zhongtong H12 High-end Tourist Bus Officially Delivered to Jilin 09-25
• Ankai Empowers Smart Mobility with Innovative Technology 09-24
• Visiting Invitation: China Buses Expo 2024 in Shanghai China 09-20
• Foton eVIEW GRAND World Debut in Saudi Arabia 09-20
• Higer Bus Shines at the IAA Transportation 2024 in Hannover 09-19
• Zhongtong H13E Debuts at the 2024 IAA Transportation in Hannover 09-19
• First Appearance of Higer Bus at the IAA TRANSPORTATION 09-14
• Consul General of Australia in Shanghai Visits Bonluck Bus Company 09-14
• Shudu Bus Delivers 100 Buses to Nigeria 09-14