![]() ![]() ĭuring this period, SAIC effectively built an entire modern automotive component supply chain in Shanghai from scratch, and the number and quality of locally produced auto parts rose significantly. 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. For these two reasons and more, SAIC grew swiftly. 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. 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. A small company in the 1970s, SAIC owes its rise to more than an increase in domestic demand for passenger vehicles. ![]() Two notable brands owned by SAIC itself are MG, a historic British car marque, and Roewe.Ī 1964 Shanghai SH760, Shanghai's automotive mainstay for over 25 years Origins to 2000 Īlthough 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. SAIC products sell under a variety of brand names, including those of its joint venture partners. 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 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. Including SGMW, it is also the third largest plug-in electric vehicle (BEV and PHEV) company and second largest BEV company in the world, with 10.5% and 13% global market share respectively in 2021, selling under brand names such as Wuling, Baojun, Maxus, MG, Roewe and Feifan. It is currently a Fortune Global 100 company, ranked 60 on the list. It also produces electric vehicles under some of the previously listed brandings, including dedicated EV brands such as Feifan and IM. In 2021, domestic-branded cars took 52% of sales. The company produces and sells vehicles under its own branding, such as Feifan, IM, Maxus, MG, Roewe, Baojun (under SGMW), Wuling (under SGMW), as well as under foreign-branded joint ventures such as SAIC-Volkswagen (Volkswagen, Skoda, Audi) and SAIC-General Motors (Buick, Chevrolet, Cadillac). Founded in 1955, it is currently the largest of the " Big Four" state-owned car manufacturers of China, namely: SAIC Motor, FAW Group, Dongfeng Motor Corporation, and Changan Automobile, with car sales of 5.37 million, 3.50 million, 3.28 million and 2.30 million in 2021 respectively. (formerly Shanghai Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Anting, Shanghai. Shànghǎi Qìchē Jítuán Gǔfèn Yǒuxiàn Gōngsī Shanghai Automotive Group Joint-stock Limited Corporation
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