🇨🇳 SAIC Motor Corporation Limited
Chinese state-linked automotive manufacturer headquartered in Shanghai; one of the four largest Chinese car-makers. Owner of the MG brand and joint-venture partner of Volkswagen and General Motors in China.
Owned from
🇨🇳China non-EU
Shanghai government via SAIC Group (~68%)
Ownership
SAIC Motor is publicly listed on the Shanghai Stock Exchange but its controlling shareholder is SAIC Group, a state-owned enterprise of the Shanghai municipal government. SAIC acquired the MG brand in 2007 via the assets of the bankrupt MG Rover Group (UK). MG vehicles are designed at a studio in Marylebone, London, and engineered at SAIC's Birmingham (Longbridge) technical centre, but virtually all production for global markets takes place in China.