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Home > Shanghai Automotive Industry Corporation


 

Shanghai Automotive Industry Corporation (SAIC) is one of the "big 3" Chinese automakers. SAIC partnered with General Motors to form GM Shanghai, and also owns 20 percent of Chery , another Chinese automaker. SAIC also partnered with Volkswagen Group in the formation of Volkswagen Group China.


In August, 2004, it was learned that SAIC was in talks to buy Britain's MG Rover. In November, it was announced that SAIC could take a 70 per cent stake in a joint venture company shared with MG Rover in return for its £1 billion investment. This followed news that SAIC had bought the South Korean manufacturer Ssangyong.


Companies of China Automobile manufacturers

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