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Chinese automaker SAIC Motor launches new route linking E. China's Fujian and Mexico

March 16, 2023


Abstract : SAIC Motor, China's main carmaker, launched a new shipping route linking Ningde City of east China's Fujian Province and Mexico's Lazaro Cardenas Port on Wednesday, carrying thousand SAIC's MG brand cars for exports.

Photo taken on March 15, 2023 shows the launching ceremony of China's main carmaker SAIC Motor's new shipping route linking Ningde City of east China's Fujian Province and Mexico's Lazaro Cardenas Port.

BEIJING, March 16 (Xinhua) -- SAIC Motor, China's main carmaker, launched a new shipping route linking Ningde City of east China's Fujian Province and Mexico's Lazaro Cardenas Port on Wednesday, carrying thousand SAIC's MG brand cars for exports.

Only two years after entering the Mexican local market, one of the most important overseas markets of MG, the brand saw its annual sales volume exceeding 48,000 in 2022, with a year-on-year growth of 201 percent. The new route launched this time is expected to feed the increasing demand for cars in the Mexican market.

In 2022, SAIC Motor's overseas sales reached 1.017 million vehicles, ranking first among domestic automakers for the 7th consecutive year and also becoming the first Chinese automaker to sell more than one million vehicles overseas in a year.

Among them, the global annual sales volume of MG brand exceeded 660,000 vehicles in 2022, with a year-on-year growth of 26 percent, ranking among the Top 10 single brands in nearly 20 countries including Australia, New Zealand, Mexico, Thailand and Chile.

For 2023, MG targets to sell 800,000 cars worldwide and will strive to sell one million cars in 2024 when MG entered the 100th anniversary of its birth.

At present, SAIC has established a full value chain of the automobile industry overseas, including innovation and R&D center, production base, marketing center, supply chain center and finance company, with its products and services covering more than 90 countries and regions around the world, according to an official of SAIC.

The Ningde-Mexico route opened by SAIC in Fujian Province, one of the starting points of the ancient Maritime Silk Road, is a further global expansion of SAIC's international routes after seven self-operated routes established in Southeast Asia, South America and Europe.

With the official opening of Ningde-Mexico route, the Ningde's new energy and export base which SAIC focuses on cultivating will become the first vehicle production base in China integrating warehousing, highway transportation, railway transportation and ocean transportation and other logistics modes.

(Edited by Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)

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Keyword: SAIC Motor MG

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