01 June 2026
01 June 2026
Jaecoo sales have taken the UK car market by storm. We learn more about the brand and product strategy.
BAIC, the Chinese state-owned automaker, holds a 9.98% stake in the German company, making it its largest single shareholder.
The state-owned company regained its position as China’s largest automaker this year.
YouGov: When shown a photo of the new Ferrari Luce, 52% of Britons dislike it while 29% like it.
Under the proposed transaction, SAIC's holding in the Indian electric vehicle (EV) joint venture would fall from 49% to 39%, while JSW's stake would climb to 45%.
The two companies will jointly develop the ORCA LiDAR platform, a proprietary system built to comply with global regulatory and functional safety standards.
Global volumes were underpinned by higher overseas output.
Both domestic and overseas sales declined last month.
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