Fortune 500: SAIC reaches No. 130

SAIC 500 ranking rise

American magazine "Fortune" 2012 Fortune 500 list, announced on the evening of July 9, Beijing, Shanghai Automotive Group 2011 with a consolidated sales revenue of $ 67,254,800,000 for the eighth time to raise up the world Top 500 companies, No. 130, an increase of 21 over the previous year.

In the 14th (2011), sponsored by the newspaper on July 7 listed companies in China top 100 Golden Bull Award contest, the SAIC comprehensive 100 was selected first.

SAIC said the 2012 is listed as a whole was officially running through the deepening of independent innovation, and actively explore the market, and achieved good operating results. January to June this year, SAIC vehicle sales to 2.233 million, an increase of 11.4%. Among them, the passenger car sales of 1.457 million, an increase of 11.6 percent, a record high.

SAIC, SAIC will launch in the second half of this year with the world advanced level, the two own brand of fuel economy rate of 50 percent of the plug-in hybrid cars and pure electric vehicles. Actively cultivate the "three-core technology capabilities to create the key parts and components industry chain, SAIC, the new energy automotive industry is the constant development.