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Shanghai Automotive Industry Corporation (Group)

No.489, Weihai Road, Jing'an District
Shanghai, Shanghai, 200041  China
Company Type: Government Owned Company Parent

Shanghai Automotive Industry Corp. (SAIC) is China's leading carmaker. The government-owned corporation has controlling stakes in SAIC Motor and HUAYU Auto, an auto components supply company. SAIC also operates through joint venture with international carmakers, including: GM, Shanghai General Motors (SGM), which makes vehicles under the Buick, Chevrolet and other GM brands; and a 50:50 partnership with Volkswagen AG (Shanghai Volkswagen Automotive) for VW-brand vehicles, to make vehicle for the Chinese market. The company's other interests include car leasing, auto parts wholesale and retail, and financing. SAIC has multiple production facilities in China, and branches in the US, Europe, Japan, and Korea.

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Financial Statements

Financial data as of (12 month period) in USD

Annual Revenue 2019
$116.93 billion USD
1 USD = 7.0683 CNY

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