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AUTOSHOW-China's SAIC Motor invests $174 mln in first stage of Thailand plant
April 19, 2017 / 7:15 AM / in 7 months

AUTOSHOW-China's SAIC Motor invests $174 mln in first stage of Thailand plant

SHANGHAI, April 19 (Reuters) - China’s SAIC Motor Corp Ltd has invested 1.2 billion yuan ($174.34 million) 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. ($1 = 6.8832 Chinese yuan renminbi) (Reporting by Jackie Cai and Jake Spring; Writing by Adam Jourdan; Editing by Christopher Cushing)

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