EU Issues Preliminary Final Decision on Anti-Subsidy, SAIC Vows to Overcome Short-Term Impact

SAIC Motor August 21, 2024, 16:49

The European Commission has released the preliminary final decision on the anti-subsidy investigation, estimating a subsidy rate of 36.3% for SAIC Motor. SAIC Motor expects short-term sales fluctuations but is committed to overcoming the impact and achieving continuous sales growth. Additionally, the company intends to protect its rights and interests through legal actions as necessary.

Source: SAIC Motor (August 21, 2024, 16:49)