SAIC MOTOR Corporation Limited (SAIC MOTOR) is the listed automotive company on China's A-share market with the largest market value. SAIC MOTOR's business covers research, production and sales of vehicles and accessories. It also covers the automobile service and trade businesses including logistics, vehicle telematics and second-hand vehicle transactions, as well as auto finance services. SAIC's affiliated vehicle companies include SAIC MOTOR Passenger Vehicle Branch, SAIC MOTOR Commercial Vehicle Co, Shanghai Volkswagen, SAIC-GM, Shanghai General Motors Wuling (SGMW), NAVECO, SAIC-IVECO Hongyan and Shanghai Sunwin Bus Corp (SUNWIN). The 2018 Fortune Global 500 companies list was announced, among which the SAIC Motor Corporation Limited (SAIC Motor for short) leaped to 36th with consolidated sales revenue of $128.819 billion in 2017, and ranked 9th and 7th among Chinese companies and global automobile companies on the list, respectively.