September 17, 2014 8:19 PM ET

Automobiles

Company Overview of Shanghai Automotive Industry (Group) Corporation

Company Overview

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

489 Weihai Road

Shanghai,  200041

China

Founded in 1955

Phone:

86 21 2201 1888

Fax:

86 21 2201 1777

Key Executives for Shanghai Automotive Industry (Group) Corporation

General Manager
Age: 50
Deputy Chairman
Age: 53
Chief Financial Officer
Age: 42
Vice President
Executive Vice President
Age: 55
Compensation as of Fiscal Year 2014.

Shanghai Automotive Industry (Group) Corporation Key Developments

Shanghai Automotive Industry Corporation Announces Sales Result for the Month and Year to Date Ended August 2014

Shanghai Automotive Industry Corporation announced sales result for the month and year to date ended August 2014. For the month, the company's sales volume was 429,461 vehicles, climbing 4.94%. For the year to date, the company's sales volume reached 3.69 million, rising 11%.

SAIC Group Announces Earnings Results for the First Half Ended June 30, 2014

SAIC Group announced earnings results for the first half ended June 30, 2014. The company reported a net profit of CNY 13.6 billion (USD 2.2 billion) for the six-month period ending June 30, 2014.

SAIC Group Reports Sales Results for the Month and Year to Date Ended July 2014

The SAIC Group, including models produced and sold under its joint ventures (JVs) with Volkswagen (VW) and General Motors (GM), has seen total sales in the month of July 2014 of 404,412 units, a significant 14.7% higher than the 352,490 units sold in the same month a year ago. On a year-to-date basis, the group has seen total sales of 3,265,426 units, an 11.95% increase over the 2.9 million units sold in the same seven-month period a year ago.

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