上汽大通Maxus

Who owns Maxus? The ownership chain, SAIC Motor's stake and the 2011 deal

Facts checked Chinese holding 100%

Maxus is Chinese-owned. SAIC bought the assets of the collapsed British van maker LDV in 2010 and rebuilt the business in Shanghai as Maxus; the vans are still sold as LDV in Britain, Australia and New Zealand. Everything is designed and built by SAIC.

SAIC established the Maxus brand on 21 March 2011, using intellectual property bought from the collapsed British LDV Group in 2010. The vehicles are sold as LDV in Australia, New Zealand and South Africa.

The short answer

Controlled by SAIC Motor
Stake100%
Since21 March 2011
Kindbrand
OriginCN
Name in Chinese 上汽大通 Shàngqì Dàtōng “SHAHNG-chee dah-TONG”
Top of the chainShanghai Municipal State-owned Assets Supervision and Administration Commission
Is it Chinese? Yes

The chain, step by step

  1. Shanghai Municipal State-owned Assets Supervision and Administration Commission controls SAIC Motor since 1995.

    The Shanghai municipal state-assets commission is SAIC Motor's ultimate controller, holding its shares through the wholly state-owned parent Shanghai Automotive Industry Corporation (Group). Published figures for the parent's holding in the listed company cluster between about 63% and 68%; no figure carrying its own date could be confirmed from an SAIC filing, so the stake is left null.

  2. SAIC Motor owns Maxus at 100% since 21 March 2011.

    SAIC established the Maxus brand on 21 March 2011, using intellectual property bought from the collapsed British LDV Group in 2010. The vehicles are sold as LDV in Australia, New Zealand and South Africa.

Every holding above this entity, with the stake and the date it began.
Holder Holds Kind Stake Since
Shanghai Municipal State-owned Assets Supervision and Administration Commission SAIC Motor controls controls 1995
SAIC Motor Maxus owns 100% 21 March 2011

Maxus: questions people ask

Who owns LDV?
SAIC Motor. The original British LDV Group failed in 2009; SAIC bought its intellectual property in 2010 and now uses the LDV name in Australia, New Zealand and South Africa for vehicles sold elsewhere as Maxus.
Are LDV and Maxus the same thing?
Yes. They are the same SAIC-built vehicles under two badges. Which name is used depends on trademark history in each country.
What does LDV stand for?
Leyland DAF Vans. The company was created in 1993 by a management buy-out of the van division of Leyland DAF after that business went into receivership.
Where are Maxus vans built?
In China, at SAIC plants in Shanghai and Wuxi.

Related

Sources for Maxus

  1. Wikipedia, Maxus. Read . Brand established 21 March 2011; the LDV IP purchase in 2010; the LDV/Maxus naming by market; the product range.
  2. Hagerty UK, The History of LDV Vans. Read . LDV as Leyland DAF Vans, the 1993 buy-out, the 2005 Maxus and the collapse.
  3. SAIC Motor, Sales Volume (monthly production and sales report). Read . SAIC Maxus volumes for August 2026 and the year to date.
  4. CarsGuide, Maxus van changes name to LDV. Read . Why the Australian importer switched from Maxus to LDV — the Maxus trademark was already held locally.
  5. Wikipedia, List of automobile manufacturers of China. Read . Maxus listed as a SAIC Motor brand.
  6. SAIC Motor, Company Profile. Read .
  7. Wikipedia, SAIC Motor. Read . Gives 62.69% for the Shanghai state-assets commission, without a date.