Tag: EU
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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…
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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…