Pankaj4. General Motors
Headquarters: Detroit, Michigan
Bought By: Shanghai Automotive Industry Corp (Joint Venture)
Headquarters: Shanghai, China
General Motors holds the distinction of being America’s largest automobile manufacturer. As such, it’s also one of the biggest companies of its kind in the entire world, which certainly makes it profitable and appealing.
While General Motors isn’t owned by a Chinese company, it does rely on its partnership with Shanghai Automotive Industry Corp to keep the money rolling in. Both of the companies formed a joint venture in 1998. SAIC sells companies under the General Motors name, even if customers don’t realize it. SAIC has its headquarters in Shanghai, while GM has theirs in Detroit.