BIZCHINA / Auto Industry |
Shanghai Automotive Industry Corporation(www.saicgroup.com)Updated: 2006-11-21 14:34 Shanghai Automotive Industry Corporation (Group)（SAIC） entered the Fortune Global 500 list on July 12, 2004 for a consolidated revenue of US$11.7 billion of the previous year. It sold 847,000 units in 2004, among which 617,000 are passenger cars. It realized revenue of 165.3 billion yuan and export value of US$700 million. At the end of 2004, SAIC restructured itself and established the SAIC Motor
Corporation Ltd. After the transformation, SAIC would define its role as a
comprehensive investment (For more biz stories, please visit Industry Updates) |
|