Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Agricultural Development Bank of China
Company

SAIC Motor reports sales decline in March

April 10, 2019


Abstract : Chinese automaker SAIC Motor Corporation Limited reported Tuesday a 15.88 percent year-on-year decline in its overall sales in March, despite its strong performance last year.

BEIJING, April 9 (Xinhua) -- Chinese automaker SAIC Motor Corporation Limited reported Tuesday a 15.88 percent year-on-year decline in its overall sales in March, despite its strong performance last year.

SAIC Motor sold 558,558 vehicles in March, according to the company's report filed to the Shanghai Stock Exchange.

Auto production in March dropped 17.96 percent year on year to 573,389 vehicles.

Last year, SAIC Motor sold 7.05 million vehicles, up 1.8 percent from 2017. Meanwhile, its profits rose 4.65 percent despite a decline in the country's overall automobile sales.

China sold 28.08 million autos last year, down 2.76 percent year on year, remaining the world's largest auto market, data from the China Association of Automobile Manufacturers showed.

SAIC Motor's shares in Shanghai rose 1.78 percent Tuesday.

Scan the QR code and push it to your mobile phone

Keyword: SAIC-Motor China-auto-sales

Reading:

China's lottery sales down 8.8 pct in February

Zimbabwe launches program to boost Chinese tourist arrivals

BRI helps participating countries get out of trap of "no development": Chinese envoy

Senior Chinese official calls for parliamentary cooperation worldwide

China, EU welcome progress in 5G cooperation

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial