SAIC joins the worlds top 100 companies

SAIC for the first time into the top hundred

U.S. "Fortune" magazine in Beijing on July 7 evening announced the 2014 Fortune 500 list, SAIC To $ 92,024,800,000 2013 annual consolidated sales revenue of the tenth report ahead of the world's five hundred, ranked 85, compared with the previous year increased by 18. This is the first Chinese auto companies to enter the world top 500 hundred list.

Vehicle sales in 2013 reached 5.1 million, based on the first half of this year, SAIC vehicle sales growth continued above the market average. Achieved sales of 2.861 million vehicles from January to June, an increase of 11.57%, a record high.

This year, in terms of innovation, SAIC released the latest generation of independent powertrain, the first breakthrough in the Chinese automotive industry "power bottleneck." With the world's leading level of "CUBE-TECH" is a new generation of powertrain research and development as well as SAIC and General Motors joint development outcomes, not only is the first world-class multinational auto giants in the powertrain joint development of the core technology The Chinese car prices, share intellectual property and the still large international Automotive Group worldwide.

The new energy industry is innovation an important part of the work of SAIC SAIC is also implementing the national energy strategy, the future development of the industry to seize the commanding heights of important initiatives. In the first half of this year, plug-in hybrid sedan Roewe 550 PLUG-IN officially on the market, combined consumption of only 2.3 liters / 100 km, mileage up to 500 km. Shanghai Sunwin seize the opportunity of new energy bus rapid market growth, has introduced a market competitive products, from January to June this year, hybrid buses, increasing program buses, electric buses and other new energy vehicle sales over 1200.

In terms of overseas operations, the first half of this year, SAIC achieved initial results in the Southeast Asian market layout, while SAIC SAIC Middle East and South America, the company has completed the registration and San Diego, respectively, in Dubai, the official launch of the operation, is actively promoting related projects.

...ranked 85, compared with the previous year increased by 18. This is the first Chinese auto companies to enter the world top 500 hundred list.

patpending wrote:

...ranked 85, compared with the previous year increased by 18. This is the first Chinese auto companies to enter the world top 500 hundred list.

so SAIC is by far and away bigger than Geely, Brilliance, Great Wall or FAW etc- there are at least 420 companies smaller than SAIC between the two and the other is smaller still...

7 Chinese car companies short-listed Fortune 500

July 7, in the "Fortune" published in 2014 Fortune 500 list, the first Chinese car to enter the top 100 ranks - SAIC $ 6 to more than 92 billion in revenue ranked No. 85, also entered 10 before the global automotive industry. Into the world top 500 list of Chinese car companies also include FAW, Dongfeng, Chang'an, BAIC, GAC, and a total of seven lucky, they ranked in the top 500 in an increase in both the second finalist of Guangzhou Automobile Group ranked soared 117 , becoming another major highlight of the list.

SAIC to enter the top ten global automotive industry

2014 "Fortune" on the Fortune 500 list, list the number of Chinese companies continue to maintain growth, reached a record 100, five more than last year. Sinopec, ExxonMobil replaced, ranked third in the standings, breaking the company and Wal-Mart and Shell three pillars of history. 7 Chinese company for the first time among the world's top 500. At the same time, reduce the number of U.S. companies on the list compared with four last year, is currently 128. Sino-US gap between the number of companies on the list are further reduced.

A total of seven Chinese car companies shortlisted 2014 Global 500, which enters its tenth 500 list of SAIC, maintaining absolute lead position, and the first top 100 finalists. This became the Chinese enterprises to expand globally competitive car a major milestone. SAIC's 2013 revenues reached $ 92.0248 billion, ranking the world's first 85 500, ranking the previous year, an increase of 18. In the global automotive industry, SAIC ranked No. 10, ahead of Hyundai, Peugeot, Renault and other companies.

From the point of view of turnover, SAIC has been close to BMW, Nissan, Honda and other multinational companies, representing approximately 35% of the first and second Volkswagen Toyota. Before the top ten in the global automotive industry, Volkswagen, Toyota's annual turnover of more than $ 250 billion, living in absolute leading position; Daimler, GM, EXOR Group, more than $ 150 billion; Ford, Honda, Nissan, BMW, etc. more than $ 100 billion. From car sales scale, global auto giant SAIC ranked in the more forward. Vehicle sales in 2013 reached 5.1 million, based on January-June this year, SAIC achieved sales of 2,861,000 vehicles, an increase of 11.57%, a record high.

Other top 500 ranked list of Chinese car companies have also increased significantly, indicating China car prices in the past year to continue to grow bigger. China FAW to $ 75,005,600,000 in revenue living in the first 111, ranking rose 30; Dongfeng Motor Group $ 74,008,200,000 in revenue living in the first 113 companies, ranked 33; China South Industries Group (Changan Group) to 58837100000 Operating income of $ residing in 169, moved up 40; BAIC Group $ 43,323,900,000 in revenue living in 248, has climbed 88; Guangzhou Automobile Group to $ 32,775,600,000 revenue of living in the first 366, ranking up 117 Bit; There Geely Holding (includes Volvo) to $ 25,767,500,000 in revenue living in the first 466, ranking improved 11.

However, the Chinese car companies currently rely mostly joint and multinational giants and grow bigger, big but not strong common phenomenon. This is the Chinese car companies are trying to reverse the situation. SAIC introduced the latest generation of self-SAIC powertrain, the first breakthrough in the Chinese automotive industry "power bottleneck." In addition, SAIC is the first and only world-class multinational auto giants in the core powertrain technology for joint development of the Chinese car prices, share intellectual property and the still large international Automotive Group worldwide. In addition Roewe, MG series models match, the SAIC's research results also have the ability to external output, to achieve China's automobile industry nurturing. SAIC has also been in operation overseas preliminary layout.

GAC second time finalists, ranking increased dramatically

In China into the global top 500 enterprises in the car, second shortlisted Guangzhou Automobile Group ranked 117 significantly improved and become another highlight of this year's auto industry list. Data "Fortune" released in 2013, Guangzhou Automobile Industry Group achieved operating income of $ 32,775,600,000, an increase of 35.7%, profit $ 207.9 million, representing a substantial increase of 214.9%. GAC ranked 500 in the world, the first 366, ranked No. 6 in the Chinese car finalists. GAC last year for the first time among the world's top 500 companies, ranked 483.

2013, GAC has experienced in 2012 after Japanese cars storm strong recovery, completed automobiles, motorcycles annual sales are more than one million "dual Million" program. One car sales reached 1,004,615, an increase of 41%. Guangqi Honda, Guangzhou Toyota two Japanese joint ventures were started strong growth, GAC Fiat, GAC Mitsubishi new joint venture also began to force. Meanwhile GAC Trumpchi own brand doubled sales continued to grow to 85,000, and earnings for the first time, so that the formation of a joint venture Guangqi situation and brands go hand in hand. Currently, GAC has initially changed a single Japanese brand structure, the formation of Japanese, European and American systems, Trumpchi own brand and product patterns of the three pillars of the capital, the "big GAC" industrial structure has been optimized.

According to the Guangzhou Automobile Group introduced in 2014 continue to accelerate the development of GAC. In the first half of this year, Guangzhou Automobile Group produced 581,000 cars, an increase of 33.43%; sales of 504,000 cars, an increase of 18.68 percent, motorcycle sales exceed 460,000, a record high, the main economic indicators are achieved with relatively substantial growth is expected in 2014, Guangzhou Automobile Group will achieve annual car sales rose about 25% of the target.

Global auto companies and parts list

Rank Rank Company Name revenue last year 89 countries German Volkswagen 261,539.1 256,454.8 98 Toyota Motor Corporation Japan 2023 Daimler AG Germany 2122 General Motors Corporation 156,628.4 155,427.0 150,996.9 Italian American 2426EXOR Group 2628 Ford Motor Company 146,917.0 118,210.5 American Honda Motor Japan 6147 4545 Japan's Nissan Motor 104,635.8 100,971.7 Germany 85103 6868 BMW Group Shanghai Automotive Group Co., Ltd. 92024.8 79766.1 Korea Hyundai Motor China 100104 111141 China First Automobile Group Corporation 75005.6 China Dongfeng Motor Group 113 146 119 121 Peugeot 71,807.8 74,008.2 China, France, Germany 190 184 155 131 Bosch Renault 54,339.8 61,632.1 France 237 250 Germany 246 252 Continental AG Kia Motors 44249.0 43486.4 43323.9 Korea 248336 Beijing Automotive Group Co., China 254251 Johnson Controls Volvo Group 41,863.1 42,730.0 USA 258 227 Sweden 269 242 287 316 Japan Denso 40,885.2 38,502.3 Indian company Tata Motors, India 317283 Bridgestone 36573.4 Japan, Canada 366 483 337 370 Magna International 34,835.0 32,775.6 China 388426 Guangzhou Automobile Industry Group Hyundai Mobis Company 31,244.5 29,330.0 Japan Korea 414 367 431 374 Suzuki Aisin Seiki 28,171.1 26,879.2 French company Michelin Japan 448 421 449 440 466 477 Japan Mazda Motor Corporation 26873.7 Zhejiang Geely China Holdings 25,767.5 494 - Fuji Heavy Industries 24,037.8 Japan