China's biggest automaker SAIC reshuffles leadership amid sluggish sales

By Reuters

Jul 11, 2024 12:06 am

Wang takes over from Chen Hong, who resigned from the chairman post on reaching retirement age of 63, according to a company filing with the Shanghai stock market on Wednesday. Vice President Jia Jianxu now serves as president.

Wang, 59, is a veteran auto executive with an engineering background who started as a quality control manager at SAIC and headed the joint venture with General Motors in the past.

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