SAIC-GM-Wuling posts strong auto export growth in Jan-July period
Photo/Ding Ting (Xinhua)
SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer, reported strong vehicle export growth in the first seven months of this year, the company said.
SGMW, located in Liuzhou, south China's Guangxi Zhuang Autonomous Region, exported 87,401 vehicles during the period, up by 98 percent year on year, exceeding its total export volume of last year.
Its total sales revenue in overseas markets in the period reached about 4.35 billion yuan (nearly 672 million U.S. dollars), up by 56 percent compared with the same period last year.
A total of 24,214 units of the SGMW's compact crossover SUV model Baojun 530 were exported between January and July, surging by 170 percent year on year. The exports of the Baojun 510, another SUV company brand, reached 8,364 units.