SAIC Group Ranks 36th in Fortune 500
Jul20

SAIC Group Ranks 36th in Fortune 500

SAIC Group, China’s largest automaker and the world’s seventh largest automaker, on Friday announced that it has jumped to the 36th place in the world’s top 500 companies for 2018, announced by the Fortune magazine. SAIC Group has rapidly moved up the rankings over the past decade with the 41st position in 2017; 46th in 2016 and 60th in 2015. The firm stood at position number 373 in the year 2008. SAIC Group further consolidated its...

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SAIC Motor to set up its first car manufacturing facility in India
Jun28

SAIC Motor to set up its first car manufacturing facility in India

SAIC MOTOR CORPORATION LIMITED, one of the biggest corporations in the world and the largest automobile giant in China, today announced its plan to enter the Indian automobile market through a fully-owned car manufacturing facility in the country. Ranked 46th in the Fortune Global 500 list, with an annual revenue of over USD 100 Billion, SAIC Motor is pleased to be part of the expanding Indian automotive market, slated to be the...

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