Tag: anti-subsidy
-
SAIC Weekly｜EU Issues Preliminary Final Decision on Anti-Subsidy Case, SAIC to Overcome Short-Term Impact and Strive for Compensation/SAIC Group and ZTE Hold Global Platform Launch for China’s Leading Automotive Cloud Communication Product
On August 26, 2024, the European Commission issued a preliminary final decision on the anti-subsidy investigation, estimating a subsidy rate of 36.3% for SAIC. The final decision is expected by October 30. SAIC announced its commitment to overcoming the short-term impact and taking legal measures to protect its rights. On the same day, SAIC and…
-
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…
-
SAIC Defends Against EU Anti-Subsidy Preliminary Ruling in Hearing
SAIC Group July 22, 2024 16:09 On July 19, the European Commission held a special hearing in Brussels regarding the anti-subsidy investigation at SAIC’s request. SAIC submitted its defense against the preliminary ruling, stating the European Commission’s preliminary ruling is unfair, unreasonable, and illegal. SAIC reserves the right to take further legal action before the…