Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / China

SAIC And Nanjing To Join Forces

June 2007 | Industry News
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Two Chinese carmakers, which did battle over the bankrupt Rover in 2005 may yet unite their efforts. Shanghai Automotive Industry Corp (SAIC) and Nanjing Automobile Corp (NAC) have entered into talks regarding joint utilisation of domestic and global capacity, which has been supported by both the Shanghai and Nanjing governments. Indeed, such a tie-up would also fit with the Chinese central government's aim to see national manufacturers consolidate to take on foreign