Shanghai Automotive Industry Corporation: Meaning (information, definition, explanation, facts)

Shanghai Automotive Industry Corporation (SAIC) is one of the "big 3" Chinese automakers. SAIC partnered with General Motors to form GM Shanghai, and also owns 20 percent of Chery, another Chinese automaker. SAIC also partnered with Volkswagen Group in the formation of Volkswagen Group China.

In August, 2004, it was learned that SAIC was in talks to buy England's MG Rover.