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The Latest Breaking News from SAIC

Science Applications International Is a Wicked Hot Buy in June

Science Applications International is well-positioned as a leading IT service provider to the government. Contract wins increase visibility for robust buybacks.

MarketBeat

Why Western Automakers Desperately Need Help From China

This is not your father's Audi.

InsideEVs

Veyron Designer Pens Boxy SUV With Pop-Up Lights

Although MG has British roots stretching back a century, the company has been part of the SAIC corporate umbrella for nearly two decades. Headquartered in Shanghai, MG is making waves at one of China’s largest auto shows this week. Best known in the SAIC era for the eye-catching Cyberster convertible,…

Motor1

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Volkswagen's Three New Concepts All Look Ready for Production

After unveiling the ID. Code concept at the 2024 Beijing Motor Show, Volkswagen continues to develop models exclusively for the Chinese market. The German brand has presented three new concepts at the 2025 Shanghai Motor Show that look like they could enter production tomorrow.

Motor1

Volkswagen Wants A China Comeback With These New Cars

People often forget this today, but Volkswagen was among the earliest Western automakers to break into China. It launched a joint venture with the locals at SAIC in 1984, and that was the start of decades of sales and profits in what became the world's biggest car market. For its…

InsideEVs

Buick Is So Big in China It Has Its Own Sub-Brand

Buick may be a shadow of its former self in the United States, but it’s thriving in China. It has sold more than 10 million cars since SAIC-GM introduced the luxury brand locally nearly 30 years ago. Buick is now jumping on the sub-brand bandwagon by launching a separate marque…

Motor1

China’s EV giants shift gears toward the U.K. as tariff troubles mount in the U.S. and Europe

Shut out by tariffs in the U.S. and EU, China’s EV makers are accelerating into the U.K.—now Europe’s biggest electric-car market.

Fortune

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Volkswagen Is Making a New Truck Without Ford's Help

You know that times are tough in the automotive industry when even a juggernaut like Volkswagen must forge alliances to bring a new product to the market. The second-generation Amarok is essentially a reskinned Ford Ranger, a stark departure from its all-VW predecessor. The original model is still around in…

Motor1

AUDI, Not Audi, Previews The E5 Sportback (Updated)

[UPDATE] Audi has released an image of a camouflaged prototype. The disguise comes off next week. The first AUDI-badged model, without the rings, now has a name: E5 Sportback.

Motor1

Time To Buy Defense Stocks, Analyst Says. Cathie Wood Is Buying.

Citi says it's time to buy defense stocks. One name soars to lead the S&P 500. AeroVironment tumbles on earnings, outlook.

Investors Business Daily

Meet the 8 Black Fortune 500 CEOs leading companies with over $228 billion in combined revenues

Black CEOs represent 1.6% of the largest U.S. corporations.

Fortune

Volkswagen Puts New Engine In China's Next-Gen Atlas

Having been around since 2017, the Atlas is getting long in the tooth. Thankfully, Volkswagen is ready to replace its aging SUV by launching the new Teramont Pro in China with help from its local partner SAIC. The three-row family hauler has been using the "Teramont" name there and in…

Motor1

Volkswagen Might Make Even More Cost Cuts

Right before Christmas, Volkswagen reached an agreement with German unions to reduce its workforce by over 35,000 people by 2030 through a "socially responsible reduction" program. This drastic decision is part of a broader plan to cut costs in the company's domestic market. Labor costs alone will be slashed by…

Motor1

GM’s 100-year-old China business can’t keep up with the country's EV boom

The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

Fortune

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InsideEVs

Tesla Investors Expected To Grill Musk Over Cheaper EV Models

The road ahead for Tesla is a bit rocky. With a CEO facing scrutiny over his vocal far-right politics and the electric vehicle brand suffering because of it, Tesla needs a win. Investors are pointing towards a more affordable model being the answer and are expected to grill the automaker…

International Business Times

Tesla, BMW Take EU To Court Over China EV Tariffs

Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.

StockNews.com

3 Defense Technology Stocks Quietly Securing Strong Gains

Driven by breakthroughs in technology and increased government support, the defense technology sector is on a steady growth trajectory. To capitalize on this trend, investing in solid defense technology stocks Northrop Grumman (NOC), CAE Inc (CAE), and Science Applications (SAIC) could be wise. Read on….

InsideEVs

2024 Was A Great Year For Performance EVs

Most driving enthusiasts don’t see the transition from combustion to electric as something positive since they argue burning fuel is a lot of what makes a car fun. While there’s certainly some truth to that, electric vehicles can still be really enjoyable to drive, and 2024 is a year with…

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InsideEVs

MG Says Its 2025 Semi-Solid-State EV Won’t Break The Bank

Solid-state batteries are a big buzzword on the electric vehicle scene these days because they promise to address many of the downsides of today’s EVs. Several automakers and specialized battery companies are working to make this groundbreaking technology financially viable for electric vehicles. Still, before true solid-state batteries reach a…

InsideEVs

The EV Industry Is Gearing Up To Fight Donald Trump

The auto industry is at a weird place right now: after years of pushing back against tougher regulations driving electric vehicles, the car business in America has finally leaned in, only for the incoming presidential administration to potentially pull EV tax credits away. But the industry needs that money flowing to…

InsideEVs

The Chinese EV Market Is Now Unbeatable

Over the past decade, Chinese automakers have staged a stunning rise in the auto industry, establishing a clear lead over the U.S. and Europe in democratizing electric vehicles. Now the latest sales data suggests that the country is so far ahead in electrification that a miracle would be needed for…

Benzinga

Science Applications Intl's Earnings Outlook

Science Applications Intl (NYSE:SAIC) is gearing up to announce its quarterly earnings on Thursday, 2024-12-05. Here's a quick overview of what investors should know before the release.

The Guardian - US

GM to write down value of China business by more than $5bn

Automaker is restructuring in China after losing about $350m in the region in the first three quarters of this year

Fortune

China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China’s oversaturated EV sector.

The Independent UK

Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang

Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040

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