SAIC Motor Corporate Restructuring
Coverage of SAIC Motor's corporate governance changes, equity restructuring, and strategic moves related to its subsidiaries and EV brands.
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Ji Yue Auto's Substantive Consolidation Restructuring of Six Affiliated Entities Accepted by Court
The Shanghai No.3 Intermediate People’s Court has accepted Ji Yue Auto’s application for substantive consolidation restructuring of six affiliated companies, transitioning the EV startup from pre-restructuring to judicial proceedings. The move aims to preserve enterprise value and attract strategic investment, with a Dubai-based tech firm already expressing interest.
Avatr and Deepal Strategic Integration
Changan Automobile announces strategic integration of its NEV brands Avatr and Deepal, targeting combined sales of 1.5 million units by 2030. The move strengthens R&D efficiency and market positioning across premium and mass segments.
Changan Integrates Avatr and Deepal to Streamline EV Operations and Target 1.5 Million Annual Sales by 2030
Changan Automobile is integrating its premium EV brands Avatr and Deepal to resolve brand overlap and redundant investments. While maintaining independent front-end operations, the brands will collaborate deeply on R&D, supply chain, and sales to achieve 1.5 million combined annual sales by 2030—with over 40% from overseas markets—and reduce shared costs by 20–30%.
Audi and SAIC Deepen Collaboration with New Joint Entity
Audi and SAIC Motor have formed a new joint innovation center in Shanghai to co-develop four electric vehicles on the Advanced Digitized Platform (ADP), accelerating Audi’s electrification strategy in China amid declining sales.
Liu Xiang Endorses IM Motors’ Flagship LS8 SUV
Olympic gold medalist Liu Xiang has been named brand ambassador for IM Motors, SAIC’s premium EV marque, ahead of the April 16 launch of its flagship LS8 SUV starting at RMB 259,800. The partnership underscores IM Motors’ 'no limits' philosophy and its role as SAIC’s top-tier tech-forward brand.
Tiguan L PRO Adds New 300TSI Zhiyue Edition
SAIC Volkswagen introduces the 2026 Tiguan L PRO 300TSI Zhiyue Edition priced at RMB 213,800, featuring a 1.5T engine, 12.9-inch display, and reduced tech specs. A fixed-price offer for the Distinction model starts at RMB 142,900.
Seres Takes Full Ownership of Landian Auto
Seres has reversed its earlier divestment plan and now fully owns Landian Auto, increasing its stake from 35% to 100%. The move includes a complete management overhaul with Seres executives taking top roles, signaling a renewed strategic focus on the mass-market EV segment.
SAIC Establishes Jinqiao Branch Focused on Shangjie Production
SAIC Motor has launched its Passenger Vehicle Jinqiao Branch dedicated to Shangjie new energy vehicle manufacturing, marking its third major production base after Shanghai Lingang and Nanjing. The facility supports Pudong’s Intelligent Connected Vehicle Innovation Zone and enhances SAIC's global export capabilities.
Seres Fully Acquires Landian Auto, Reverses Prior Divestment Plan
Seres has acquired full ownership of Landian Auto, reversing a previously announced divestment plan. The move ends state-owned shareholder involvement and adds strategic uncertainty as Seres balances its premium AITO brand with mass-market ambitions.
Audi Denies Rumors of Merger Between Its Northern and Southern Operations
Audi AG CEO Gernot Döllner has dismissed speculation about merging its northern (FAW) and southern (SAIC) joint ventures in China, underscoring the continued strategic value of its dual-partnership model. The company plans distinct EV rollouts under each partnership, with clear brand and customer segmentation.
SAIC Motor Reshapes Sales Structure by 2025: Self-Owned Brands Lead Growth
In 2025, SAIC Motor achieved a strategic milestone as self-owned brands accounted for 65% of its 4.5 million vehicle sales, led by strong NEV growth and retail performance. The company’s successful restructuring has also earned it a return to the SSE 50 Index.
SAIC Motor's 2025 Net Profit Surges Over 400% Amid EV Turnaround
SAIC Motor forecasts 2025 net profit between RMB 9–11 billion—a 438% to 558% year-over-year increase—after pivoting to its 'New Three Pillars': Shangjie H5, MG4 EV with semi-solid-state batteries, and the ultra-long-range Roewe M7 DMH. The company has transformed from a RMB 5.4 billion loss in 2024 to strong profitability through organizational restructuring and rapid tech commercialization.