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China's SAIC Motor invests $174 million in first stage of Thailand plant
April 19, 2017 / 7:17 AM / 7 months ago

China's SAIC Motor invests $174 million in first stage of Thailand plant

SHANGHAI (Reuters) - China’s SAIC Motor Corp Ltd (600104.SS) has invested 1.2 billion yuan (135.76 million pounds) in the first stage of a plant in Thailand, a senior official said on Wednesday.

Yang Xiaodong, who oversees the car makers’ international business, was speaking to reporters at the Shanghai auto show.

Reporting by Jackie Cai and Jake Spring; Writing by Adam Jourdan; Editing by Christopher Cushing

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