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SAIC sold 6.93 million vehicles in 2017

By Niranjan Mudholkar,

Added 28 February 2018

MG and Roewe brands drive more than 50% of overall sales growth in 2017

SAIC Motor has increasingly improved its independent R&D framework and reinforced its self-owned innovation capability - it independently masters the core technology for new energy vehicles and has already obtained leading advantages in R&D for internet-based vehicles. After active research of 5G connectivity, the company is also developing the communication technology between vehicles; and vehicles and traffic infrastructures.

During the year, SAIC Motor Corporation also announced its global ambitions for the MG brand outside its home market. While Roewe is a China-only brand, the MG brand will fuel the company's global ambitions including markets such as India, where it recently announced setting up of a manufacturing base. The first made-in-India MG car will be rolled out from the brand's manufacturing facility in Halol, Gujarat, in 2019.

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