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05 SAIC Motor
Shanghai-based auto manufacturer SAIC Motor Corp . Ltd . engages in the development , manufacturing , and sale of automobiles and automotive parts . The company is the largest Chinese car manufacturer . According to the South China Morning Post , SAIC experienced “ its best year in 2017 , increasing sales by 6.8 % to 6.93mn , more than double the Chinese automotive industry ’ s average growth pace .” Sales in 2018 rose again by $ 23.9bn , to a 10-year high of $ 136.6bn . The company ’ s asset portfolio also grew by $ 33.4bn , to a total of $ 118.4bn , the largest proportional asset growth in the Top 10 . www . saicmotor . com
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