Build an innovative, globally-recognized company that pioneers the automotive future
Create value for our stakeholders through a market-driven strategy, an outstanding workforce and continuous innovation of our products and services
Integrity, Responsibility and Collaboration, Innovation, Enterprise and Aspiration
SAIC Motor is the largest auto company listed on China's A-share market (Stock Code: 600104). It is striving to get ahead of the industry's development trends, accelerate innovation and transformation, and grow from a traditional manufacturing enterprise into a comprehensive provider of auto products and mobility services.
SAIC Motor's business covers the research, production and sales of both passenger and commercial vehicles. It is actively promoting the commercialization of new energy vehicles and connected cars, and exploring the research and industrialization of intelligent technologies such as smart driving.
SAIC Motor is also engaged in the R&D, production and sales of auto parts (including power drive systems, chassis, interior and exterior trims, and the core components and smart product systems of new energy vehicles such as batteries, electric drives and power electronics), auto-related services such as logistics, e-commerce, energy-saving and charging technology, and mobility services, auto-related finance, insurance and investment, overseas business and international trade, big data and artificial intelligence.
SAIC Motor's subordinate companies include SAIC Passenger Vehicle Branch, SAIC Maxus, SAIC Volkswagen, SAIC General Motors, SAIC-GM-Wuling, NAVECO, SAIC-IVECO Hongyan and Sunwin.
In 2019, SAIC Motor achieved sales of 6.238 million vehicles, accounting for 22.7 percent of the Chinese market, keeping itself a leader in the Chinese auto market. It sold 185,000 new energy vehicles, a year-on-year increase of 30.4 percent, and continued to maintain relatively rapid growth. It sold 350,000 vehicles in exports and overseas sales, a year-on-year increase of 26.5 percent, ranking first among domestic automobile groups. With a consolidated sales revenue of $122.0714 billion, SAIC Motor took the 52nd place on the 2020 Fortune Global 500 list, ranking 7th among all auto makers on the list. It has been included in the top 100 list for seven consecutive years.
Looking to the future, SAIC Motor will keep pace with technological progress, market evolution, and industry changes while accelerating its innovative development strategy in the fields of electricity, intelligent networking, sharing, and internationalization. It will not only strive to improve performance but also build an innovation chain to upgrade its business so as to come out on top in the restructuring global automotive industry and make strides towards becoming a world-class auto company with international competitiveness and strong brand influence.