Why has SAIC Group fallen so sharply?
1 Answers
SAIC Group has fallen so sharply due to market reasons. Below is some relevant information about automobiles: 1. Definition of automobiles: According to the latest national standard of China "Terms and Definitions of Automobiles and Trailers" (GB/T 3730.1-2001), an automobile is defined as a non-track vehicle with four or more wheels, powered by an engine, mainly used for transporting people and/or goods; towing vehicles for transporting people and/or goods; and for special purposes. 2. Introduction to domestic automobile brands: Domestic automobile brands include Hongqi, Changan, Great Wall, Chery, Geely, Roewe, BYD, etc.