What was the earliest domestic automobile manufacturer in China?
1 Answers
The earliest domestic automobile manufacturer in China is SAIC, also the most senior automaker, established in 1955. Main businesses: SAIC Group's main businesses cover the R&D, production, and sales of complete vehicles (including passenger cars and commercial vehicles), components (including engines, transmissions, powertrains, chassis, interior and exterior trims, electronic and electrical components, etc.), as well as automotive service trade businesses such as logistics, vehicle telematics, used cars, and automotive financial services. Development history: In November 1955, the Shanghai Internal Combustion Engine Parts Manufacturing Company was established, overseeing the Shanghai automotive parts industry, marking the beginning of SAIC. From 1956 to 1963, the Shanghai automotive parts industry underwent four structural adjustments, basically forming a specialized cooperative production system.