SAIC-GM-Wuling see growth in auto export growth in first seven months

by SpeedLux
SGMW logo

SAIC-GM-Wuling (SGMW), a major Chinese auto joint venture, reported significant vehicle export growth in the first seven months of this year.

SGMW is a joint venture between SAIC Motor, General Motors, and Wuling Motors.

SGMW exported 87,401 vehicles during the period, increasing by 98 percent year on year, surpassing its total export volume of last year.

Its overall sales revenue in overseas markets in the period reached about 4.35 billion yuan ($672 million), increasing by 56 percent compared with the same period in 2020.

There were exports of a total of 24,214 units of the SGMW’s compact crossover SUV model Baojun 530 between January and July, increasing by 170 percent year on year.

The exports of the Baojun 510, another SUV company brand, reached 8,364 units.

After exporting to the countries like Chile, Peru, El Salvador, and Costa Rica, at the end of June, about 1,000 units of its brand Hongguang V were exported to Mexico for the first time.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More