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Shanghai Automotive Industry (Group) Corporation ( referred to as "SAIC") is one of China's three major auto groups, mainly in passenger cars, commercial vehicles and auto parts production, sales, development, investment and trade in services related to automotive and financial services. Shanghai Automotive Group Co., Ltd. held by the Group (the "Shanghai Automotive"), 78.94%of the shares; also held independent provider of auto components business of listed companies - China Automotive Systems Co., Ltd. domain (the "Chinese domain car") 60.10%of the shares. In 2008, SAIC sold more than 1,826,000, which sold 1,118,000 passenger cars, commercial vehicle sales of 708,000, ranking in the domestic Automotive Group continues to maintain first. In 2009, the Group's 24.88 billion U.S. dollars more than a combined annual sales of the fifth appeared in the "Fortune" magazine Global 500, ranked 359. < IMG border = 0 src = "http://www.saicgroup.com/Chinese/images/sqjt/gsjs/2009/7/22/2547.jpg"> SAIC adhere to both self-development and international cooperation, on the one hand by strengthening Germany's Volkswagen, General Motors and other world-renowned Motor Company's strategic cooperation, continue to promote Shanghai GM, Shanghai Volkswagen, Shanghai GM Wuling, SAIC Iveco, Shanghai Sunwin products such as follow-up development, and achieved remarkable results; the other hand, by integrating global resources to accelerate technological innovation, to promote its own brand car development, production and sales. Currently, 750,550 have been achieved and MG Roewe MG 3-SW, MG 7, MG TF successful listing of a variety of products such as, establish a good brand image. Thus, further promote the joint venture brands and independent brands and common development. ; SAIC in Shanghai, in addition to local development, still in Liuzhou, Chongqing, Yantai, Shenyang, Qingdao, Yizheng, Nanjing, England Longbridge and other places set up their own production base; with South Korea 10%stake in GM Daewoo; in the United States, Europe, Hong Kong, Japan and South Korea with overseas company.
 SAIC's vision is: to customer satisfaction, to the interests of shareholders, to social harmony, SAIC to build a brand of excellence, the staff excellent, with core competitiveness and viability of the international Automotive Group. SAIC's core values are: to meet customer needs, enhance innovation capability, integration of global resources, advocating people management. |
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