SAIC Weekly|Tao Hailong Appointed General Manager of SAIC Volkswagen; VW/SAIC Financial Holdings Successfully Issue 2 Billion Technology Innovation Bonds

SAIC Group July 22, 2024 16:09

SAIC Group announced that Tao Hailong has been appointed as the general manager of SAIC Volkswagen, and the Municipal State-owned Assets Supervision and Administration Commission has investigated SAIC-GM. The Roewe D5X DMH ranked first in the comprehensive fuel consumption category for hybrid SUVs in the 100,000 class, and SAIC-GM launched the NOP Smart Pilot driver assistance system. Additionally, the Cadillac XT5 and XT6 ranked first in their respective IQS segment lists, and SAIC-GM Wuling participated in the establishment of the China-ASEAN New Energy Vehicle Industry Education Integration Community. United Electronics set a new record for deliveries of new energy products, and SAIC Financial Holdings successfully issued 2 billion technology innovation bonds. MG debuted at the 2024 GIIAS Motor Show in Jakarta, Indonesia.

Source: SAIC Group (July 22, 2024)


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