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 nameMain productsRevenue
1Shanghai Automotive Industry Corp.PV, CV, auto parts404,898
2China FAW Group Corp.PV, CV, auto parts314,380
3Dongfeng Motor Co.PV, CV, auto parts268,526
4Guangzhou Automobile Industry Corp.PV,CV, motorcycle、auto parts122,837
5Beijing Automotive Industry Holding Corp.PV, CV, auto parts111,256
6Changan Automobile Group Corp.PV, CV, auto parts102,943
7Sinotruck Corp.CV, auto parts56,962
8Wangxiang Group  Auto parts51,480
9Brilliance ChinaPV, CV, auto parts48,457
10Chery Automobile Co.PV, auto parts23,979
11Anhui Jianghuai Automobile Co.PV, CV23,418
12Yanfeng Visteon Interiors Systems Co.Auto parts22,200
13Shaanxi Automobile GroupCV, autoparts22,103
14BYD Auto Co.PV, auto parts21,496
15Great Wall Motor Co.PV, CV, auto parts16,972
16Zhejiang Geely Holding GroupPV, auto parts16,511
17Zhenzhou Yutong GroupCV, auto parts15,026
18Liuzhou Wuling AutomotivePV, CV, auto parts14,047
19Chongqing Lifan HoldingMotorcycle, PV, CV13,308
20Xiamen King Long Motor GroupCV, auto parts12,555
21Dachangjiang GroupMotorcycle11,320
22Zongshen Power Machinery Co.Motorcycle10,518
23Tri-Ring GroupPV, auto parts10,337
24Loncin GroupMotorcycle90,53
25Qingling Motors Co.PV, CV, auto parts76,51
26China Fast Gear GroupAuto parts75,46
27Baotou Beiben Heavy Duty Truck Co.CV71,65
28SG Automotive GroupPV, CV, auto parts70,45
29Zhengxing Wheel GroupAuto parts50,56
30Chongqing Jianshe Motorcycle Co.Motorcycle49,68

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

4 Comments

  1. 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. 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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