What is the full name of SAIC?
1 Answers
SAIC stands for Shanghai Automotive Industry Corp. It is the SAIC Group, with the full company name being SAIC Motor Corporation Limited. The company's headquarters is located in Shanghai, and its business scope includes the sales of complete motor vehicles, research and production of components, vehicle services, trade operations, and financial services. It is a publicly listed company. Here is some additional information: 1. SAIC Group includes the following brands: Passenger Vehicle Company, Commercial Vehicle Company, Shanghai Volkswagen, Shanghai General Motors, SAIC-GM-Wuling, Nanjing Iveco, Shanghai Shen, and SAIC-Iveco Hongyan. The earliest predecessor of SAIC Group was the Public Works Department Repair Factory established in 1910, located in the French Concession of Shanghai. 2. The development history of SAIC Group: In 1955, the Shanghai Internal Combustion Engine Parts Manufacturing Company was established. In 1958, the first Phoenix-branded sedan was successfully assembled. In 1964, the Phoenix-branded sedan was officially renamed the Shanghai-branded sedan, and in 1978, the company began international cooperation. On October 12, 1984, Shanghai Volkswagen Automotive Co., Ltd. was established. On November 18, 2002, SAIC-GM-Wuling Automobile Co., Ltd. was officially established, becoming the largest mini-vehicle production base in China.