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Chinese are here! SAIC Motor to drive into India in 2018
Rediff.com

Chinese are here! SAIC Motor to drive into India in 2018

China’s biggest carmaker, which own brands like Maxus, MG, Roewe and Yuejin, plans to invest $1 billion in India manufacturing unit, reports Swaraj Baggonkar from Mumbai. IMAGE: For SAIC, the maker of marquee MG (above) and Roewe cars, India is next on the agenda. Photograph: Reuters. China’s largest automaker SAIC Motor (formerly Shanghai Automotive Industry Corporation) is finalising plans to invest about $1billion in India by 2018. It would look to manufacture products that would ... Rediff.com, 2 months ago

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