SAIC Motor Corporation Limited

and it found one in China.

Shanghai Automotive Industry Corporation, SAIC, joined them for talks to fund a joint venture in Longbridge, including a smaller new car built on a shortened 75 platform.

While those talks went on, at the end of 2004, MG Rover sold Syke the intellectual property rights to the Rover 25, the Rover 75 and the K-series engine.

The price was £67 million.

The 75 was still being built in Birmingham.

The drawings now belonged to Shanghai.

Spring 2005 SAIC's accountants went through MG Rover's books.

They didn't like what they found and they backed away from the joint venture.

Beijing's GenRobot AI disclosed today a $100 million Series A-plus round that closed in the third quarter.

Investors include SAIC Motor, Baidu, Malaysia's Eastworlds, Shocheng Holdings, and Galaxy General Robotics.

GenRobot builds capture rigs that record human visual and movement demonstrations across household, manufacturing, and logistics tasks.

Its matrix platform then synchronizes, cleans, and labels those recordings as training data for robot developers.

For European communities seeking jobs, however, Chinese investment remains attractive.

The New York Times reported that SAIC Motor... selected a port near Spain's Faroe for a major factory expected to create more than 1,000 jobs.

Beijing is meanwhile challenging Europe's diagnosis.

State-run People's Daily Commentary argued that trade barriers cannot remedy weak European competitiveness.

If we go back history long enough, the two biggest MAAs in my Recollection was early part of the 2000s when FAW acquired Tianjin Automotive Industry.

And SAIC Motor acquired Nanjing Automotive Industry, which is where we see MG right now.

It's part of SAIC Motor, but it was Nanjing Automotive Industry that acquired MG.

I think it was 2005 or something.

Mm-hmm.

We do have Chinese automakers, like in the video as well.

Maxxis, Saic Motors, and a few others actually supplying Norway with pickup trucks.

And it's starting to gain traction.

I think a Ford small pickup truck would do quite well in Norway, actually.