SAIC Motor

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City: Shanghai

State: Shanghai

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Country: China

SAIC Motor is the largest auto group in China, listed as the largest auto company by market capitalization in Chinese A-share stock market. In 2013, SAIC Motor sold 5.1 million vehicle units overall with the growth ratio reaching 13.7%. Meanwhile, with the domestic market share of SAIC Motor reaching 22.6%, SAIC Motor has kept the leading position in domestic auto market for eight years consecutively. The total equity of SAIC Motor reaches 11 billion units, by which nearly 198,000 workers are employed. In 2012, the revenue of SAIC Motor was 481 billion RMB with the 20.7 billion RMB net profit. Among the Fortune Global 500, SAIC Motor ranked 103th for the ninth time, rising by 27 places over the previous year. SAIC Motor builds and sells passenger cars and commercial vehicles. Among them, SAIC Motor Passenger Vehicle Company, Shanghai Volkswagon, Shanghai General Motors, SAIC-GM-Wuling are the passenger car producers while SAIC Motor Commercial Vehicle Company, Nanjing Auto Corporation, Sunwin and SAIC-IVECO Hongyan Commercial Vehicle Company make vans, buses and trucks. SAIC Motor operates as an automotive design and manufacturing company.

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