BEIJING, May 6 (Xinhua) -- BAIC Motor had total revenue increase 17.45 percent on year in the first quarter to approximately 46.752 billion yuan, with net profits standing at 3.552 billion yuan during the period.
The company saw sales of self-owned brand vehicles jump by 33.3 percent on year to 44,527 units in the quarter, which included nearly 20,000 units of new energy model EU5.
In terms of joint-venture brands, Beijing Benz sales kept a robust year-on-year growth of 14.3 percent to 145,000 units in the first three months, while Beijing Hyundai realized whole vehicle wholesale and end-sales of 132,000 and 191,000 units, respectively, during the period. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)
A single purchase
