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Is Roewe a domestic car?
Roewe is a domestic car. Roewe is an automobile brand owned by Shanghai Automotive Industry (Group) Corporation, which was launched in June 2006. The automobile technology under this brand comes from Rover previously acquired by Shanghai Automobile, but Shanghai Automobile did not acquire the "Rover" brand. The Chinese name of "Roewe" means "innovation honor, world-famous". mbth's "Roewe" comes from Spanish Loewe, which means "lion", and the "R" on its head is intended to convey the meaning of innovation and royal dignity.

Company profile:

Founded in 2007, the Passenger Car Branch of Shanghai Automobile Group Co., Ltd. (hereinafter referred to as the Company) is a legally registered branch of Shanghai Automobile Group Co., Ltd. (hereinafter referred to as SAIC), with a business license, and mainly undertakes the research and development, manufacturing and sales of SAIC's own brand products. The company has two brands, Roewe and MG, three technology research and development centers in Shanghai, Nanjing and Britain, and three manufacturing bases in Shanghai Lingang, Nanjing Pukou and Britain.

SAIC's main businesses include R&D, production and sales of complete vehicles and parts, logistics, vehicle information, used cars and other automobile service trade businesses, and automobile finance business. In May of 20 14, it was also rated as "Best Blue Chip Company of Main Board in 20 13" by Sina Finance.

SAIC's main vehicle companies include passenger car companies, commercial vehicle companies, Shanghai Volkswagen, Shanghai GM, SAIC's passenger car GM Wuling, Nanjing Iveco, SAIC's passenger car Iveco Hongyan and Shanghai Shenwo.

In 20 13 years, the company achieved domestic automobile sales of 5106,000 vehicles, up by 13.7% year-on-year, and won the domestic automobile sales champion for nine consecutive years.

20 14 In the first half of the year, SAIC sold 286 1 10,000 vehicles in June and June, up by 1 1.57% year-on-year, a record high. At the same time, SAIC was ranked in the Fortune Global 500 for the first time 10, ranking 85th, up 18 from the previous year. This is the first time that China automobile enterprises have entered the top 500 in the world.

References:

Roewe Baidu encyclopedia

Roewe official website-Brand Summary