Financial Wire

Market Chatter: SAIC, Audi to Introduce Third Model Under New Chinese Brand in 2027

-- German auto manufacturer Audi will introduce a third model in 2027 under a new Chinese brand in collaboration with SAIC Motor (SHA:600104), Reuters reported Tuesday, citing the chief executive of the cooperation.

The move is seen to help regain market share in China, the report said.

Since September, the Audi-SAIC cooperation has sold 10,000 units of its E5 Sportback, the first model made by the JV, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Market Chatter: SAIC, Audi to Introduce Third Model Under New Chinese Brand in 2027 | Financial Wire