Industry dynamics

SAIC Motor PV sales soar 50% YoY in April

Publishtime:2019/08/16 Views:32

SAIC Motor PV sales soar 50% YoY in April

Shanghai (ZXZC)- SAIC Motor boasted a year-on-year sales growth of 13.5% with 569,110 vehicles delivered in April. Meanwhile, the automaker delivered a total of 2,391,530 vehicles in the first four months, up 11% from a year ago, the group announced on May 7.

The top 3 subsidiaries by April sales are SAIC-GM, SAIC-VW and SAIC-GM-Wuling, with 483,880 units handed over in total. Apart from SAIC-GM-Wuling and Sunwin Bus, the other subsidiaries all achieved year-on-year sales increase last month. Especially, SAIC-CP boasted a year-on-year leap up to 118.8% to 1,610 units.

SAIC Motor PV sold 62,289 vehicles in April, soaring 50% over the previous year. Moreover, the company’s cumulative sales so far this year reached 244,127 units, violently growing 53% from the previous year.

SAIC-VW’s April sales were 17,297 units less than the performance in March to 160,010 units, while still achieving a year-on-year growth of 15.1%. From January to April, the automaker had delivered a total of 673,068 vehicles, climbing around 5% year on year.

Thanks to the outstanding performances of Buick, Chevrolet and Cadillac, SAIC-GM saw a year-on-year jump of 18% to 171,177 units in April, taking the championship among all subsidiaries by monthly sales. Its cumulative sales this year rose 15.4% from a year ago with 662,446 units handed over in total.    

SAIC-GM-Wuling delivered 152,693 units in April, declining 4.6% over the previous year. Compared with its March sales of 220,061 units, the company also suffered a substantial month-on-month drop of around 30.6%.