Headquarters
China
Latest investment
Apr 20 2017
No. of Startups
1
Website
http://saicgroup.com
INDUSTRIES INVESTED
countries invested
funding size
Offices
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Founded
-
Latest investment date
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Latest investment name
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No. of startups
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No of rounds
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No of Co investors
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Avg No of co-investors per round
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Offices
China
HQ address
489 Weihai Road, Shanghai, 200041, CHN
description
SAIC Motor Corporation Limited is a Chinese state-owned automotive design and manufacturing company headquartered in Shanghai, China, with multinational operations. A Fortune Global 100 company and one of the "Big Four" state-owned Chinese automakers, the company had the largest production volume of any Chinese automaker in 2014 making more than 4.5 million vehicles. Its manufacturing mix is not wholly consumer offerings, however, with as many as 1,000,000+ SAIC passenger vehicles being commercial vans.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. 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 products sell under a variety of brand names, including those of its joint venture partners. Two notable brands owned by SAIC itself are MG, a historic British car marque, and Roewe, one of the few domestic Chinese luxury car brands.

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