SAIC Motor continues to climb the Fortune 500 Listing

SAIC Motor has achieved its highest ever place on the Fortune 500  checklist, rating first amongst Chinese language auto corporations. Showing on the distinguished checklist for a 14th consecutive 12 months, SAIC Motor has been ranked No. 36 by US-based Fortune journal, 5 locations increased than the earlier 12 months. The accolade follows the model attaining a gross sales income of 128.819 billion US {Dollars} and automotive gross sales of 6.93 million items within the 2017 monetary 12 months, a 6.eight % enhance on the earlier 12 months.

SAIC Motor achieves highest ever ranking on the Fortune 500 list

SAIC Motor achieves highest ever rating on the Fortune 500 checklist

Already nicely established globally, SAIC Motor has gross sales networks in 13 core nations and area together with ASEAN, Center East, Africa, Europe and Oceania, in addition to an innovation centre in Silicon Valley. As the most important auto producer in China, the model ranked 7 th amongst all international automakers on the Fortune 500 Listing, forward of manufacturers akin to BMW and Hyundai.

SAIC Motor is on the forefront of world technological innovation, delivering important achievements
in various areas associated to the event of the vehicles of the longer term, akin to new-energy vehicles,
related autos and automatic driving. Within the first half of 2018, SAIC Motor’s gross sales quantity of
new-energy autos amounted to 57,000 items with a year-on-year progress price of 275 % a
progress price greater than twice the market common.

Commenting on the information, Tom Lee, Center East Managing Director, mentioned: “The Center East is certainly one of
an important worldwide markets for SAIC Motor. Our record-breaking rating on this 12 months’s
Fortune 500 Listing displays the model’s efforts in successfully serving SAIC Motor’s valued prospects
while making a aggressive worldwide model picture. Sooner or later, SAIC Motor will proceed to
develop new-energy vehicles, related autos and automatic driving to boost our international and
Center East footprint as we proceed to deal with being a world chief in innovation.’’

The MG RX5 on SAIC Motor's production line in China

The MG RX5 on SAIC Motor’s manufacturing line in China

As a part of this international focus, SAIC Motor has been increasing its presence within the Center East since
opening its headquarters in Dubai’s Jebel Ali Free Zone in November 2015. Not too long ago, the model has
launched a recent line up of autos to the area below the MG Motor model, together with the MG
RX5, MG ZS and MG GS 2019. MG Motor has additionally expanded its distribution community with the appointment of recent companions within the UAE and KSA inside the final 12 months.

 

 




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