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By producing automobiles under its self-owned MG brand, SAIC is looking to significantly increase its capacity in India, which is expected to overtake Japan to become the world's third-largest automotive market around 2020.
CEO Dennis Muilenburg warned that Boeing may cut or temporarily halt production of the MAX if the US Federal Aviation Administration (FAA) doesn't recertify the plane in September as the company now anticipates.

By?all accounts, this is?expected to be another blockbuster season?for online retail. FedEx expects deliveries between Thanksgiving and Christmas Eve to rise 8.8 percent?from?last year, to 290 million shipments. Volume is expected to surge on each of the first three Mondays in December. FedEx predicts?a peak of 22.6 million packages on Monday, Dec. 15.
CEO Tim Cook, who said on Jan 2 that a slowdown in China’s economy and US-China trade tensions had caused a drop in iPhone sales in China, told Reuters on Tuesday that those tensions were easing: “If you were to graph up trade tension, it’s clearly less in January than it was in December. I’m optimistic that the two countries will be able to work things out.”
CBIRC and SFC have entered into a Memorandum of Understanding (MoU) to boost such cooperation, SFC said in a brief statement on Friday.
来源:资阳报