Ouch! I hope SAIC was stacking some bread because they have some huge fines to pay back to New York City. SAIC has been charged for fraud involving kickbacks, systemic overbilling and an international money laundering conspiracy. Hit the jump for details on the SAIC fraud. Follow @TatWza +TatWZA X @ShottaDru Shotta Dru on Google+
Auto Talk: GM and Chinese automaker SAIC sign EV deal
General Motors has announced that it will partner with China’s SAIC Motor Corporation on the development of an all-new electric vehicle. The final product will be sold in China under the SAIC brand, but GM will benefit from the deal by having a new electric vehicle platform which can be used to spawn new vehicles in other global markets. Funk Flex Find Flex On Google+
Auto Talk: GM to Develop Electric Cars in China With SAIC
General Motors Co. will develop electric cars in China with SAIC Motor Corp. as the partners look to meet government demands for more low-emission vehicles in the world’s largest auto market. Hit the jump to read the rest of the story. Funk Flex Find Flex On Google+
