Which Four Companies Comprise the Big Four Automobile Groups?

[TannerFitz]

They refer to China FAW Group Co., Ltd., Dongfeng Motor Corporation, SAIC Motor Corporation Limited, and Changan Automobile Group Co., Ltd. Below are relevant details: 1. Restructuring and Mergers: These four automobile groups are key enterprises supported by the national government. On January 14, 2009, the State Council issued the "Automotive Industry Adjustment and Revitalization Plan," which for the first time officially proposed the Big Four Automobile Groups—FAW, Dongfeng, SAIC, and Changan—and encouraged these four enterprises to carry out nationwide automobile industry restructuring and mergers. 2. Sales Targets: The general directions and targets of China's Big Four Automobile Groups in their 12th Five-Year Plans have been released. In terms of specific targets, except for SAIC leading in annual sales targets, the annual sales targets of the other three groups by the end of the 12th Five-Year Plan period have been set. According to the plan, the total production capacity of the four groups by the end of the 12th Five-Year Plan period will all reach the expected sales targets.