SAIC Motor traded at 9.91 this Thursday July 9th, decreasing 0.11 or 1.10 percent since the previous trading session. Looking back, over the last four weeks, SAIC Motor lost 10.64 percent. Over the last 12 months, its price fell by 42.08 percent. Looking ahead, we forecast SAIC Motor to be priced at 9.89 by the end of this quarter and at 9.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
SAIC Motor Corporation Limited is a China-based company principally engaged in the research and development, manufacturing and distribution of whole vehicles and auto parts. The Company's main products include passenger cars, commercial vehicles, engines, gearboxes, power trains, chassis, interiors and exteriors, and automotive electronics, among others. The Company also involves in automobile services and trading and financial investment businesses. The Company operates it business in domestic markets and overseas markets.