October 28, 2016 5:12 AM ET


Company Overview of Shanghai Automotive Industry Corporation (Group)

Company Overview

Shanghai Automotive Industry Corporation (Group), through its subsidiaries, develops, manufactures, and markets passenger and commercial vehicles in China, the United States, the United Kingdom, and internationally. It offers cars, vans, buses, and trucks. Shanghai Automotive Industry Corporation (Group) was formerly known as Shanghai Automotive Industry Corporation and changed its name to Shanghai Automotive Industry Corporation (Group) in September 1995. The company was founded in 1955 and is based in Shanghai, China.

489 Weihai Road

Shanghai,  200041


Founded in 1955


86 21 2201 1888


86 21 2201 1777

Key Executives for Shanghai Automotive Industry Corporation (Group)

Chief Financial Officer
Age: 44
General Manager of passenger vehicle branch and Vice President
Age: 52
Vice President, Senior Economist and Associate Researcher
Executive Director of Risk Management Dep't and Secretary of The Board
Age: 47
Vice President
Age: 45
Compensation as of Fiscal Year 2016.

Shanghai Automotive Industry Corporation (Group) Key Developments

SAIC Group and Alibaba Group Launch Roewe RX5 Internet Car

SAIC Group and Alibaba Group launched the Roewe RX5 on July 6, which was the first Internet car in mass production worldwide. The Roewe RX5 integrates SAIC's complete car R&D, design, powertrain, new energy technology and auto electronics and Alibaba's YunOS, Alipay, Aliqin, AutoNavi and Xiami music.

Shanghai Automotive Industry (Group) Corporation Reports Sales Results for the Year 2015

Shanghai Automotive Industry (Group) Corporation reported sales results for the year 2015. For the year, the company reported sales of vehicles reached over 5.9 million units in 2015, marking an annual increase of 5.01% year on year.

General Motors India Might Sell Halol Unit To Shanghai Automotive Industry

General Motors India Private Limited might look for buyers for its manufacturing site in Gujarat, sources close to the development said. General Motors India announced that production would cease at Halol manufacturing site in Gujarat by July 2016 and would explore a number of options for the future of the site including the possible sale to another operator. General Motors India was close to working out a deal with Shanghai Automotive Industry (Group) Corporation. Industry sources indicated that the valuation of the assets would be INR 14-15 billion and that the deal size could be around that much.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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