SAIC Motor

SAIC Motor Corporation Limited
上海汽车集团股份有限公司

Type	Public
Traded as	:
Industry	Automotive
Founded	2011 (SAIC Motor Corporation Limited) 1995 (Shanghai Automotive Industry Corp. (Group)) 1955 (Shanghai Internal Combustion Engine Components Company)
Headquarters	Shanghai, China
Key people	Chen Zhixin (President) Chen Hong (Chairman)
Products	Automobiles, commercial vehicles
Production output	5,620,200 units (2014)
Revenue	US$101.7 billion (2014)
Number of employees	144,955 (2013)
Parent	Assets Supervision and Administration Commission
Divisions	Maxus Roewe MG Motor Nanjing Automobile MG Motor UK
Subsidiaries	List GM India (7%) SAIC Motor UK MG Motor Eco Concept Nanjing Automobile Soyat Nanjing Iveco Auto Co Ltd Saic-Iveco Commercial Vehicle Co Ltd SAIC-GM-Wuling (50.1%) Baojun Shanghai Volkswagen (50%) Shanghai GM (51%) Sunwin Bus (50%) International: SAIC USA
Website	www.saicmotor.com/english/

SAIC Motor Corporation Limited (informally SAIC, formerly Shanghai Automotive Industry Corporation) is a Chinese state-owned automotive design and manufacturing company headquartered in Shanghai, China, with multinational operations. A Fortune Global 100 company and one of the "Big Four" state-owned Chinese automakers (along with Chang'an Motors, FAW Group, and Dongfeng Motor), the company had the largest production volume of any Chinese automaker in 2014 making more than 4.5 million vehicles. Its manufacturing mix is not wholly consumer offerings, however, with as many as 1,000,000+ SAIC passenger vehicles being commercial vans.

SAIC traces its origins to the early years of the Chinese automobile industry in the 1940s, and SAIC was one of the few carmakers in Mao's China, making the Shanghai SH760. Currently, it participates in the oldest surviving sino-foreign car making joint venture, with Volkswagen, and in addition has had a joint venture with General Motors since 1998. SAIC products sell under a variety of brand names, including those of its joint venture partners. Two notable brands owned by SAIC itself are MG, a historic British car marque, and Roewe, one of the few domestic Chinese luxury car brands.

Although it has a long history, originating from an automobile assembly factory established in Shanghai sometime around World War II, SAIC, unlike domestic rivals FAW Group and Dongfeng Motors, has only recently attained a position of prominence in the Chinese vehicle industry. A small company in the 1970s, SAIC owes its rise to more than an increase in domestic demand for passenger vehicles. A cooperative agreement made with Volkswagen in 1984 followed by the formal establishment of Shanghai Volkswagen Automotive Co Ltd in March 1985 allowed it to produce competitive cars with foreign technology. Early success at SAIC may also be a result of guidance provided by local Shanghai authorities; at one time SAIC was simply an extension of the Shanghai Municipal government. For these two reasons and more, SAIC grew swiftly. In the 11 years leading to 1996, annual production capacity increased ten-fold to 300,000 units/year, and the company established itself as one of the leading Chinese automakers.