Industry dynamics

GM China joint venture sees soaring vehicle export in Q1

Publishtime:1970-01-01 08:00:00 Views:42
Dozens of SAIC-GM-Wuling's popular Hong Guang MINI EV are shown at an event in Shanghai. [Photo provided to chinadaily.com.cn]

NANNING - SAIC-GM-Wuling (SGMW), a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, saw its first quarter (Q1) vehicle exports reach 49,330 units, up 48 percent year-on-year.

In March alone, the company, based in the city of Liuzhou in South China's Guangxi Zhuang autonomous region, exported a total of 17,155 units, up 80 percent year-on-year.

SGMW sold a total of 335,845 vehicles in the first quarter of this year, including 105,081 new energy vehicles, which registered a year-on-year growth of 34 percent.

In March alone, the company sold 129,014 vehicles, a year-on-year increase of 17 percent, said the company.