SAIC sees huge jump in business
Print Edition
China’s biggest automaker, the SAIC Motor Group, said sales more than doubled in April-June from the previous quarter.
It sold 479,000 vehicles in June, up 2.8 percent from the same month last year and up 101.8 percent quarter on quarter.
It said it had achieved positive year-on-year growth of retail sales each month since April. First quarter sales were hit by COVID-19, but the auto industry is recovering and the Shanghai government’s policies to promote purchases had achieved good results, it said.
In the first half, SAIC focused on technological innovation, laying a foundation for future sustainable development, with great efforts on new energy vehicles, intelligent and connected vehicles and software.
SAIC said its performance in overseas markets is good, with its branded sales reaching 79,000 units, a 17.3 percent increase year on year.
In the second half, SAIC will announce details of new operations in Mexico. It will also launch its MG brand in Spain, Switzerland and Germany.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
