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Trade

Chinese carmaker reports robust sales in 2021

January 12, 2022


Abstract : SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer, reported strong sales in 2021.

The new energy convertible Hongguang MINIEV CABRIO developed by SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer, is displayed at the 19th International Automobile Industry Exhibition (Auto Shanghai 2021) in Shanghai, east China, April 19, 2021.  (Xinhua/Ding Ting)

NANNING, Jan. 11 (Xinhua) -- SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer, reported strong sales in 2021.

Vehicle sales of SGMW, located in Liuzhou, south China's Guangxi Zhuang Autonomous Region, surpassed 1.76 million units last year, up 13.5 percent year on year, according to the company.

The sales of its new energy vehicles (NEVs) also posted robust growth, soaring 160 percent year on year to 452,238 units throughout the year.

Among the NEV brands, Hongguang MINIEV achieved total sales of over 550,000 units, ranking first in terms of sales in the Chinese NEV market for 16 consecutive months.

SGMW also reported record sales in overseas markets in 2021,  with its exports of finished motor vehicles and auto parts to 40 countries rising 88 percent year on year.

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Keyword: Chinese automobile manufacturer

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