SAIC Motor has achieved its highest ever ranking on the Fortune 500 list. Appearing on the list for a 13th consecutive year, SAIC Motor has been ranked No. 41 by US-based Fortune magazine, with a sales revenue of $113.86 billion for the 2016 financial year.
SAIC Motor also ranked seventh among all the global automakers, ahead of brands like BMW and Hyundai.
The company is actively focused on developing new energy vehicles, connected cars and intelligent driving.
SAIC has sales networks in 15 core countries and regions including ASEAN, Africa, Europe and North America where it has an innovation center in Silicon Valley.
SAIC has been expanding its presence in the Middle East. Since opening its headquarters in Dubai’s Jebel Ali Free Zone in November 2015, the brand has also opened a regional training academy and introduced the new MG 360 to the market with further launches set for the remainder of 2017.
In the first half of 2017, SAIC Motor launched the Roewe RX5, the world’s first pure electric SUV with a range of 425 km and a fast charge to 80 percent power in 40 minutes. Additionally, the Roewe “VISION-E” made its first appearance at the Shanghai International Auto Show, delivering an electric driving range of more than 500 km and acceleration of 0 to 100 km/h in only four seconds.
The sales volume of connected cars accounts for about 80 percent of the total sales volume of SAIC Motor passenger vehicles. These sales come from the MG ZS, which is set to arrive in the Middle East later this year, the Roewe RX5 and the Roewe i6.
Tom Lee, Middle East managing director, said: “The Middle East is a very forward-thinking region, and SAIC Motor’s ranking on this year’s Fortune 500 List reflects our forward-thinking approach as a brand. In the future, SAIC Motor will continue to develop new energy vehicles, Internet-connected cars and intelligent driving cars, enhancing our global and Middle East footprint as we continue to focus on being a world leader in innovation and a pioneer for the future of the automotive sector."
SAIC Motor also ranked seventh among all the global automakers, ahead of brands like BMW and Hyundai.
The company is actively focused on developing new energy vehicles, connected cars and intelligent driving.
SAIC has sales networks in 15 core countries and regions including ASEAN, Africa, Europe and North America where it has an innovation center in Silicon Valley.
SAIC has been expanding its presence in the Middle East. Since opening its headquarters in Dubai’s Jebel Ali Free Zone in November 2015, the brand has also opened a regional training academy and introduced the new MG 360 to the market with further launches set for the remainder of 2017.
In the first half of 2017, SAIC Motor launched the Roewe RX5, the world’s first pure electric SUV with a range of 425 km and a fast charge to 80 percent power in 40 minutes. Additionally, the Roewe “VISION-E” made its first appearance at the Shanghai International Auto Show, delivering an electric driving range of more than 500 km and acceleration of 0 to 100 km/h in only four seconds.
The sales volume of connected cars accounts for about 80 percent of the total sales volume of SAIC Motor passenger vehicles. These sales come from the MG ZS, which is set to arrive in the Middle East later this year, the Roewe RX5 and the Roewe i6.
Tom Lee, Middle East managing director, said: “The Middle East is a very forward-thinking region, and SAIC Motor’s ranking on this year’s Fortune 500 List reflects our forward-thinking approach as a brand. In the future, SAIC Motor will continue to develop new energy vehicles, Internet-connected cars and intelligent driving cars, enhancing our global and Middle East footprint as we continue to focus on being a world leader in innovation and a pioneer for the future of the automotive sector."
