Skip to main content

Chinese Automaker SAIC Enters India

China's largest automobile company, SAIC is planning to enter the Indian market and has already hired top executives in the country


SAIC Motor is looking to become the first Chinese company to sell its cars in the Indian market, as the company has started hiring key executives. This information is revealed by people close to the development.
The Indian unit of the China's largest automobile company, MG Motor India will sell the vehicle under the MG tag. SAIC acquired the British brand from Chinese firm Nanjing Automobile about a decade ago.


Former India head of General Motors, Rajeev Chhaba will be the new CEO and seven more people are hired to lead the finance, human resources, purchase, IT and other functions.

SAIC has also got approval from the Competition Commission of India to acquire General Motors' manufacturing facility at Halol in Gujarat.


If everything goes to plan, then SAIC is ready to take over the plant by April and roll out the first vehicles from the facility by next year or early 2019. If not, the company is willing to build a new facility.
Another General Motors India veteran, P Balendran also joined the company as top executive. Both Chhaba and Balendran are currently working as advisers and the formal appointment will happen later.







Comments

Post a Comment

Popular posts from this blog

Mitsubishi Eclipse Cross SUV Revealed

The all-new Mitsubishi Eclipse Cross features two turbocharged engines and a coupe-like design Japanese carmaker Mitsubishi has unveiled its newest SUV, the Eclipse Cross ahead of its debut at the 2017 Geneva Motor Show. The new Eclipse Cross SUV makes use of two turbocharged four-cylinder engines: a 1.5-litre petrol and a 2.0-litre diesel. The petrol transmits power to all four wheels through a CVT gearbox while the Diesel uses an 8-speed automatic gearbox. Regarding aesthetics, the Eclipse Cross sports the same Dynamic Shield front-end design found on the Outlander with the angled headlamps with DRLs flanking the twin-slat chrome grille which sits a top a massive air dam. At the rear, the Eclipse Cross features a body-coloured bar that splits the steeply raked window along with C-shaped taillights. Inside, the Eclipse comes with a heads-up display, a touch controller and an infotainment display equipped with Apple Car Play and Android Auto. ...
Post a Comment
Read more

Nice looking Hyundai i30 Tourer Revealed

                                  It's got tons of space and sensible engines, but it looks decent too. Hyundai’s latest Elantra has already spawned sedan and hatchback body styles. At next month’s 2017 Geneva auto show, the Korean automaker will add a wagon to the range. In all probability, the new Hyundai i30 Tourer or Wagon will not make the journey to India and has been specifically designed for the European markets, similar to the i30 hatchback . Speaking about the new Hyundai i30 Tourer, Thomas A. Schmid, Chief Operating Officer at Hyundai Motor Europe said, "Designed, developed, tested and manufactured in Europe, the New Generation Hyundai i30 is Hyundai Motor's DNA car in Europe. The i30 is more than just a model - it is a family of cars, consisting of four body types with unique characters united by a ...
Post a Comment
Read more

Maruti Suzuki Baleno RS Hot Hatch Launched At ₹ 8.69 Lakh

The Maruti Suzuki Baleno RS hot hatchback has officially been launched in India. The Baleno RS has been priced at ₹ 8.69 lakh and is available exclusively through the Nexa outlets. Available as a single variant model, the new Baleno RS gets a 1.0 litre BoosterJet petrol engine mated to a 5-speed manual gearbox. The turbo petrol Baleno RS makes 101 bhp and 150 Nm of peak torque. There is no automatic variant on offer yet neither an AMT nor a CVT. The Maruti Suzuki Baleno has been one of the most popular cars from the Indo-Japnese carmaker. In fact, from the 1st of April 2016 - 31st Jan 2017 Maruti has sold 1.38 lakh units of the Baleno premium hatchback. This alone tells us that a more powerful Baleno RS will surely manage to woo a large number of buyers. The Baleno RS gets a slightly altered exterior look as compared to the standard Baleno . It has a new front mesh grille with a chrome bezel and a larger and sportier front bumper too. The front bumper also gets a lip...
Post a Comment
Read more