• Sun. Dec 22nd, 2024

    GM China joint venture sees soaring vehicle export in Q1

    ByTrulyNews

    Apr 21, 2024
    GM China joint venture sees soaring vehicle export in Q1
    GM China joint venture sees soaring vehicle export in Q1
    Dozens of SAIC-GM-Wuling’s popular Hong Guang MINI EV are shown at an event in Shanghai. [Photo provided to trulynews.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.