The Latest Breaking News from SAIC

Tesla Investors Expected To Grill Musk Over Cheaper EV Models

The road ahead for Tesla is a bit rocky. With a CEO facing scrutiny over his vocal far-right politics and the electric vehicle brand suffering because of it, Tesla needs a win. Investors are pointing towards a more affordable model being the answer and are expected to grill the automaker…

InsideEVs · Jan 28, 2025

Tesla, BMW Take EU To Court Over China EV Tariffs

Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.

International Business Times · Jan 27, 2025

3 Defense Technology Stocks Quietly Securing Strong Gains

Driven by breakthroughs in technology and increased government support, the defense technology sector is on a steady growth trajectory. To capitalize on this trend, investing in solid defense technology stocks Northrop Grumman (NOC), CAE Inc (CAE), and Science Applications (SAIC) could be wise. Read on….

StockNews.com · Jan 23, 2025

Science Applications Intl's Earnings Outlook

Science Applications Intl (NYSE:SAIC) is gearing up to announce its quarterly earnings on Thursday, 2024-12-05. Here's a quick overview of what investors should know before the release.

Benzinga · Dec 4, 2024

GM to write down value of China business by more than $5bn

Automaker is restructuring in China after losing about $350m in the region in the first three quarters of this year

The Guardian - US · Dec 4, 2024

China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China’s oversaturated EV sector.

Fortune · Nov 28, 2024

Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang

Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040

The Independent UK · Nov 27, 2024

Audi Says the AUDI Brand Will Attract 'Different' Buyers

Last week, Audi confused just about everyone when it rolled out a sub-brand. While new automakers are frequently introduced in China’s hugely competitive market, this launch was different and confusing for two reasons. Audi and its local partner SAIC decided to simply call their joint company “AUDI” and use an…

Motor1 · Nov 12, 2024

You've Never Seen An Audi Like This Before

It's no secret that the Volkswagen Group has not had an amazing time in 2024. It's struggled with slumping sales in China, once its biggest market, while it faces intense Chinese competition back home. It's staring down factory closures and layoffs as costs mount. All the while, China's electric auto…

InsideEVs · Nov 7, 2024

Audi's Most Interesting EV Is Only for China

Audi partnered with SAIC Motor on a new sub-brand to build cars exclusively for the Chinese market. The fledgling company is called AUDI—all caps—and is "shaped 100-percent by the Audi DNA" with one notable exception. You won't see four-rings badging anywhere on its cars.

Motor1 · Nov 7, 2024