SAIC Motor Corporation Limited (SAIC Motor) is the largest auto company on China’s A-share market (Stock Code: 600104), and has a total equity of 11.683 billion shares. SAIC Motor strives to grasp the trend of industrial development and speeds up the innovation-driven industrial transformation, and it is growing into a full-range vehicle products and travel services provider from a traditional manufacturing enterprises.
SAIC Motor’s business covers the research, production and vehicle sales of both passenger cars and commercial vehicles. The company is actively promoting new energy vehicles, the commercialization of Internet-connected cars, It is exploring intelligent driving technology research and industrialization of exploration. It is mainly engaged in the R & D, production and sales of parts for motor drive system, chassis system, interior and exterior decoration, battery, electric drive, power electronics and other new energy vehicles and the core components of the intelligent product system); auto-related services such as logistics, e-commerce, travel, energy saving and charging service; auto-related finance, insurance and investment services; overseas business and international trade; and the layout of industries of big data and artificial intelligence.
SAIC’s affiliated vehicle companies include Morris Garages, SAIC MAXUS, SAIC Volkswagen, SAIC-GM, Shanghai General Motors Wuling (SGMW), NAVECO, SAIC-IVECO Hongyan and Shanghai Sunwin Bus Corp (SUNWIN).
In 2018, SAIC MOTOR sales volume is 7.05 million (1.75% Y-Y growth), occupying 24.1% of the market in China. Also, SAIC MOTOR is the first automobile group in China with annual sales exceeding 7 million.SAIC Motor makes its 14th appearance on Fortune Global 500 in July 2018, ranking 36th with a revenue of $128.8 billion.
Head office location:
489 Weihai Road, Shanghai, ZIP Code: 200041
Categories: Car Brands, Manufacturers.