China Watch : SAIC tops revenue list of Chinese automakers

Automotive News China, 18th May, 2010

Shanghai Automotive Industry Corp. (SAIC)was the largest Chinese motor vehicle manufacturer last year by revenue. The company reaped a total of 404.9 billion yuan ($59.3 billion) in revenue in 2009, according to a list jointly released by China Machinery Industry Federation and China Association of Automobile Manufacturers. 

China FAW Group Corp. and Dongfeng Motor Co. ranked second and third on the list while, of the 30 largest motor vehicle makers last year, four solely make motorcycles and five are commercial vehicle manufacturers only.

Except for Sinotruck, Wangxiang and Chery, the other companies among the 10 largest motor vehicle makers have joint ventures with global automakers.

China’s largest 30 motor vehicle makers in 2009 (million yuan):

No. Company name Main products Revenue
1 Shanghai Automotive Industry Corp. PV, CV, auto parts 404,898
2 China FAW Group Corp. PV, CV, auto parts 314,380
3 Dongfeng Motor Co. PV, CV, auto parts 268,526
4 Guangzhou Automobile Industry Corp. PV,CV, motorcycle、auto parts 122,837
5 Beijing Automotive Industry Holding Corp. PV, CV, auto parts 111,256
6 Changan Automobile Group Corp. PV, CV, auto parts 102,943
7 Sinotruck Corp. CV, auto parts 56,962
8 Wangxiang Group   Auto parts 51,480
9 Brilliance China PV, CV, auto parts 48,457
10 Chery Automobile Co. PV, auto parts 23,979
11 Anhui Jianghuai Automobile Co. PV, CV 23,418
12 Yanfeng Visteon Interiors Systems Co. Auto parts 22,200
13 Shaanxi Automobile Group CV, autoparts 22,103
14 BYD Auto Co. PV, auto parts 21,496
15 Great Wall Motor Co. PV, CV, auto parts 16,972
16 Zhejiang Geely Holding Group PV, auto parts 16,511
17 Zhenzhou Yutong Group CV, auto parts 15,026
18 Liuzhou Wuling Automotive PV, CV, auto parts 14,047
19 Chongqing Lifan Holding Motorcycle, PV, CV 13,308
20 Xiamen King Long Motor Group CV, auto parts 12,555
21 Dachangjiang Group Motorcycle 11,320
22 Zongshen Power Machinery Co. Motorcycle 10,518
23 Tri-Ring Group PV, auto parts 10,337
24 Loncin Group Motorcycle 90,53
25 Qingling Motors Co. PV, CV, auto parts 76,51
26 China Fast Gear Group Auto parts 75,46
27 Baotou Beiben Heavy Duty Truck Co. CV 71,65
28 SG Automotive Group PV, CV, auto parts 70,45
29 Zhengxing Wheel Group Auto parts 50,56
30 Chongqing Jianshe Motorcycle Co. Motorcycle 49,68

[Source: Automotive News China/China Machinery Industry Federation]

Clive Goldthorp

About the Author:

Clive claims that his interest in the BMC>MG story dates back to his childhood in the 1960s when the family’s garage premises were leased to a tenant with an Austin agency. However, back in the 1920s and 1930s, his grandmother was one of the country’s first female Garage Proprietors so cars probably run in his genes! Admits to affairs with Alfa Romeos, but has more recently owned an 06/06 MG TF 135 and then a 15/64 MG3 Style… Clive, who was AROnline’s News Editor for nearly four years, stood down from that role in order to devote more time to various Motor Racing projects but still contributes articles on as regular basis as his other commitments permit.

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  1. Chris says:

    I know they’ve bought MG Rover, but I still find all these news items about Chinese automakers on AROnline depressing. It’s well… so not AR.

  2. @Chris
    I believe you will find that most, if not all, of the News stories filed under the China Watch heading relate to SAIC Group/SAIC Motor as opposed to any of the other Chinese OEMs.

    The destiny of the MG marque and, potentially, a number of other BMC>MG legacy brands now lies in the hands of SAIC Group/SAIC Motor. SAIC Group/SAIC Motor’s activities and fiscal performance in China therefore have a direct impact on the companies’ ability to develop and market the new range of MGs on a global basis.

    AROnline will, therefore, continue to run News items about SAIC Group/SAIC Motor’s operations in China so as to ensure that our readers are kept as fully informed as possible about the context in which SAIC Motor and MG Motor UK are planning MG’s revival.

  3. Dennis says:

    Depressing yes, but it’s the way things have gone. Basically the fate of the Longbridge site and the potential to build future cars there is in the hands of SAIC, so it makes sense to see stories about them. Must admit though, a table of companies I’ve never heard of doesn’t mean a lot to me…

  4. @Dennis
    A fair point… However, we should remember that China overtook the USA as the World’s largest automotive market in 2009 and we would all be foolish to underestimate the significance of that fact.

    I think that the best way of underlining the relevance of the Table above might just be to point out that the company at No.16, Zhejiang Geely Holding Group Company Limited, has recently agreed to buy Volvo Car Corporation (Volvo Cars) from Ford Motor Company…

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