PROFILE |
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Shanghai Automotive Industry Corporation (SAIC) hopes to Shanghai as much of the Chinese automobile market as possible. The government-owned company is one of China's largest automotive firms, with about 50 plants in the Shanghai area. Through its divisions, SAIC makes passenger cars, tractors, motorcycles, trucks, buses, and automotive parts. The company's joint venture with General Motors, Shanghai General Motors Corp., makes Buicks for the Chinese market. In a joint venture with Volkswagen, SAIC also makes the Santana, the best-selling car in Shanghai. The company's other operations include car leasing, auto parts wholesale and retail, and financing.
COMPETITION |
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Brilliance China Automotive Holdings Limited (CBA)
China Steel Corporation (dossier)
Omni U.S.A., Inc. (OUSA)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1997 Sales (mil.): 212.80
1-Yr. Sales Growth: 13.1%
Employees: 7,208
Revenue per employee: $29,522.75
KEY PEOPLE |
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Chen Xaiing Li
CEO
CONTACT INFO |
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390 Wu Kang Rd.
Shanghai 200031, China
Phone: 86-21-6433-6892
Fax: 86-21-6433-0518
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