OREANDA-NEWS. July 23, 2012. In the upcoming 12th Beijing Auto China exhibition, SAIC Motor Corporation Limited (hereinafter "SAIC Motor" for short) will hold the scheme of "Innovating Power, Winning Future" and gather all subordinated self-owned brands and joint venture corporations. SAIC Motor will display more than vehicles and over 10 debuting models from 8 vehicle companies in E2 hall, E5 hall and outdoor exhibition area covering around 10000 square meters.

This is the first time for SAIC Motor to show in international vehicle exhibition after asset restructuring and being listed. After restructuring, main business of SAIC Motor include vehicle, components and service trading which forms a powerful value chain and increases the energy of company. In this exhibition, SAIC Motor will further promote the working outcome of industrialization of new energy, establishment of self-owned brand and localization of capability of joint venture.

Further promote the industrialization of new energy; many technological lines take advanced position

In this exhibition, SAIC Motor will display 6 types of new energy passenger car in E2 hall and 1 type of new energy commercial vehicle in outdoor area. These newest new energy models with the target of industrialization show the industrial layout and technological power of technological lines of SAIC Motor, including hybrid power, full power and fuel battery.

6 types of new energy vehicles shown in E2 include: Roewe 750 Hybrid Power Vehicle and eAssist Buick Junyue hybrid power vehicle which were launched in 2011; Roewe E50 full electric power sedan and Roewe 550 plug-in hybrid power sedan which will put into patch production this year; self-owned brand PLUG-IN fuel battery sedan which was shown in 2010 Shanghai Expo and achieved good result in 2011 Challenge Bibendum; the newest result of localized R&D of joint-venture – Shanghai VW LAVIDA electric car.

Further develop innovation of self-owned brand; the great year of product launching is coming

In 2011, MG3 and Roewe W5 were successfully launched. The self-owned brand of SAIC Motor covered all main and distributed market. The first stage of product arrangement is finished. MG6 was launch in British market which is the first company to launch new vehicle in European market. The brand reputation, familiarity and premium capacity of Roewe and MG brand has been improved in different degree. The premium capacity is even similar to brand of joint venture.

This year, the self-owned brand of passenger car of SAIC Motor has devoted to the further product launching, brand building and quality improvement. In this exhibition, the new flagship Roewe 950, MG brand "Skip-level British Sedan" MG5 and globally debuting MG-Icon concept car together which starts the prelude of launching the self-owned brand passenger car of the second generation. Roewe 950 is the most mature medium- and high-end product with the most technological content in current self-owned brands; MG5 is a model of newly developed Level A sports hatchback which is especially designed for the young generation in the city; MG-Icon concept car shows the future design direction of MG brand. In terms of commercial vehicles of self-owned brand, MAXUS will display wide and light passenger product with vehicular networking technology, as well as police car, school bus, logistics car and ambulance.

Accelerate localization of joint venture; continue to release various products

The joint ventures, subordinates of SAIC Motor, actively improve the localization of R&D capacity. They also fully catch the various requirement and personalized character of consumer. With fast marketing response, various new products are launched. Despite of brands of vehicles receiving good sales, SGM will bring the newly developed Buick, Chevrolet and Cadillac; SVW will bring newly transformed medium-level car and concept car of Skoda; SAIC-GM Wuling will bring new models of Baojun 630 1.5VVT and 1.8L.

In terms of commercial vehicles, Nanjing Lveco will display new luxury commercial van and new high-end light truck cooperated with SAIC Motor; SAIC Lveco Hongyan will dislay new tractor which is domestic high-end lightweight heavy truck developed by experts; Shanghai Shenwo will bring new school bus and hybrid power bus.