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SAIC Motor Corporation Limited

legal form Corporation
founding 1978
Seat Shanghai , China
  • Chen Zhixin, chairman
  • Chen Hong, President
Number of employees 180,749 (2017)
sales US $ 136.57 billion (2017)
Branch Automotive industry

Older logo

The SAIC Motor Corporation Limited ( SAIC previously Shanghai Automotive Industry Corporation) is according to the state 2010, the largest Chinese group of manufacturers of cars, motorcycles and auto parts.

It is already a cooperation partner of General Motors and Volkswagen in China. At the end of 2004 it took over 48.9% of the South Korean car manufacturer SsangYong Motor Company . This happened as part of the company's current expansion policy, which is increasingly trying to reach international markets. Also at the end of 2004 it showed interest in the ailing MG Rover Group , whereby negotiations in spring 2005 failed. Independent of this, SAIC acquired licenses for the now expired Rover 75 and Rover 25 models for production in China, which have been given the name Roewe since October 2006, slightly modified . After the takeover of Nanjing Automobile Group a year later, the MG brand also belongs to SAIC.

In 2015, SAIC produced 5.901 million vehicles and employed around 163,817 people. With a turnover of 136.6 billion US dollars and a profit of 5.4 billion US dollars, SAIC ranks 80th among the world's largest companies according to Forbes Global 2000 (as of FY 2017). The company had a market capitalization of approximately USD 64 billion in mid-2018.

The current chairman of the company is Chen Zhixin and the president is Chen Hong.

Subsidiaries, joint ventures and holdings

SAIC subsidiaries include:

Web links

Commons : SAIC Motor  - collection of images, videos and audio files

Individual evidence

  1. a b c SAIC Motor on the Forbes Global 2000 List . In: Forbes . ( [accessed July 18, 2018]).
  2. SAIC Motor in the Investor Relations section. In: Retrieved October 25, 2016 .
  3. SAIC Motor in the About us section. In: Retrieved October 25, 2016 .