SAIC Motor Co., Ltd., SAIC Motor Co., Ltd., founded in 1978, is a Fortune 500 company, a listed company, dedicated to the field of vehicles/parts/automobile service trade/auto finance, integrating R&D, production and sales of passenger cars/commercial vehicles/parts
SAIC Motor Group Co., Ltd. (hereinafter referred to as "SAIC", stock code 600104) is a large listed automobile company in the domestic A-share market, with a total share capital of 11.683 billion shares. SAIC Motor strives to grasp the trend of industrial development and accelerate innovation and transformation, and is developing from a traditional manufacturing enterprise to a comprehensive supplier of a full range of automotive products and services for consumers.
At present, SAIC's main business includes the R&D, production and sales of complete vehicles (including passenger cars and commercial vehicles), and is actively promoting the commercialization of new energy vehicles and Internet vehicles, and carrying out technical research and industrialization exploration such as intelligent driving. R&D, production and sales of parts and components (including power drive systems, chassis systems, interior and exterior decoration systems, as well as core components and intelligent product systems of new energy vehicles such as batteries, electric drives, and power electronics); logistics, automobile e-commerce, travel services, energy-saving and charging services and other automotive service trade businesses; automobile-related finance, insurance and investment business; Overseas operations and international trade business; And actively deploy in the field of industrial big data and artificial intelligence.
SAIC's major vehicle companies include Passenger Car Company, SAIC Maxus, SAIC Volkswagen, SAIC-GM, SAIC-GM-Wuling, Nanjing Iveco, SAIC Iveco Hongyan, Shanghai Sunwin, etc.
In 2016, SAIC's vehicle sales reached 6.489 million units, a year-on-year increase of 9.95%, continuing to maintain its leading position in the domestic automobile market, and with a consolidated sales revenue of 106.68 billion US dollars in 2015, it was selected as one of the Fortune Global 500 for the twelfth time, ranking 46th, up 14 places from the previous year.
