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Recently, SAIC GM announced that its cumulative production and sales have exceeded 20 million vehicles, becoming the third joint venture with cumulative production and sales of 20 million vehicles after SAIC-Volkswagen and FAW-Volkswagen. SAIC GM said that since the first Buick New Century sedan went offline in 1998, it had taken only 23 years to achieve this goal, a rate that set a new record for the growth of China's auto industry. It is worth mentioning that although SAIC GM has once again ushered in a historic moment, there are great hidden worries about SAIC GM's performance in the domestic market. Data show that SAIC GM sales rose slightly by 1.5% to 11% in July.
After the impact of the COVID-19 epidemic in 2020, most car companies are trying to achieve a rebound in sales, due to the greater environmental impact, so that most car companies are particularly difficult. However, SAIC GM Wuling, one of the brands of SAIC Group, recently took the lead in announcing April sales and achieved a substantial increase.
SAIC GM has officially announced that Salvatore Basile will succeed Julian Blissett as executive deputy general manager of SAIC GM from April 1. At the same time, Bo Shengming became a member of the executive committee and board of directors of SAIC GM. Bai Shengming joined GM in 1994. He has held important positions in GM's North American, European, South Korean and Chinese markets, and has been GM's vice president of global product planning since 2016. From 2010 to 2012, Bo Shengming served as the product planning and project of General Motors China.
SAIC released the latest sales figures, showing that total car sales in August were 504236, down 3.57 per cent from 486858 in the same period last year. The cumulative vehicle sales from January to August were 3010910, down 22.08 per cent from 3863948 in the same period last year. SAIC has grown for three months in a row since June, but the current situation for its "profit cow" brands SAIC Volkswagen and SAIC GM is not optimistic, with the two brands falling to varying degrees in August. Based on this, SAIC's sales volume still fell by 20% in the previous August.
Affected by the new type of coronapneumonia epidemic, many domestic automobile enterprises will suffer unprecedented impact. Despite its many brands, SAIC GM sold only 461000 new cars in China in the first quarter of 2020, down 43.5 per cent from 814000 in the same period last year.
July 2022 car retail sales list data source: FIFA tabulation: automotive industry concern ranking model brand level sales 1 Xuanya Dongfeng Nissan compact car 39065 2 Hongguang MINI EV SAIC GM Wuling compact car 37128 3 Qin BYD compact car 33933 4
On November 7, SAIC announced sales KuaiBao showed that total vehicle sales in October 2022 were 503300, down 13.54% from the same period last year, including 101800 new energy vehicles, up 32.19% from the same period last year, and 84100 overseas exports, down 3.31% from the same period last year.
May 2022 sedan sales list data source: passenger association retail data tabulation: automotive industry concern ranking model manufacturer level this month sales 1 Hongguang MINIEV SAIC GM Wuling subcompact 29169 2 Xuanyi Dongfeng Nissan compact 26592 3 Hanbiadi medium and large cars 2393
On Sept. 5, SAIC announced sales KuaiBao showed that a total of 512100 vehicles were sold in August 2022, an increase of 12.94% from January to August, an increase of 3.2531 million vehicles, an increase of 4.83%. Among them, SAIC Volkswagen sales increased by 3.81% to 12% in August compared with the same period last year.
On April 30, SAIC announced that SAIC GM Wuling and the Indonesian government formally signed a memorandum of understanding on investment in new energy vehicle projects, which will expand investment in Indonesia and introduce more new energy models into the local market in the future. At the ceremony, SAIC GM Wuling also delivered a batch of Wuling new energy leaders to the Indonesian government.
On May 29, General Motors announced that Li long will be president of Dolanger and vice president of GM's high-end import business, and will be based in Shanghai from August 1. He will be fully responsible for the strategic planning and implementation of the Dolanger platform and its imported products throughout the life cycle. Data show that before joining GM, Li long has been since 2014.
SAIC, the leader of Chinese cars, is the first to release May sales figures. According to KuaiBao, SAIC sold 473100 vehicles in May, down 1.63 per cent from 480900 in the same period last year, down 1.63 per cent from 1.5697 million in January-May and 36.47 per cent lower than 2.4708 million in the same period last year. Among all the brands of SAIC, SAIC-Volkswagen, SAIC-GM and SAIC-GM Wuling provide most of the sources of sales, among which SAIC-Volkswagen can be said to be the "profit cow" of SAIC. However, since the outbreak of the epidemic, SAIC Volkswagen's sales have been very.
April 2022 car sales list data source: FIFA retail data tabulation: automotive industry concern ranking model manufacturer level this month sales of Xuanya Dongfeng Nissan compact car 26122 2 Hongguang MINIEV SAIC GM Wuling compact car 24908 3 Qin BYD compact car 2352
On August 27, SAIC disclosed its results for the first half of 2020. According to the report, SAIC's operating income in the first half of the year was 271.52 billion yuan, down 25.39% from the same period last year; the net profit belonging to shareholders of listed companies was 8.394 billion yuan, down 39.01% from the same period last year. SAIC's sales declined significantly, falling 30.24% in the first half to 2049116 vehicles. Its three joint venture brands SAIC-Volkswagen, SAIC-GM and SAIC-GM Wuling are the main sources of profit for SAIC Group. The year-on-year decline in sales failed to prop up the "profit paradise". Specifically, SAIC Volkswagen,.
A few days ago, SAIC released financial results for the first half of 2022, showing that operating income in the first half of 2022 was 315.993 billion yuan, down 13.69% from the same period last year; net profit belonging to shareholders of listed companies was 6.91 billion yuan, down 48.10% from the same period last year; deductions for shareholders of listed companies
2022 January-June car sales list data source: FIFA retail volume tabulation: automotive industry concern ranking model manufacturer level cumulative sales 1 Xuanya Dongfeng Nissan compact car 2072222 Wuling Hongguang MINIEV SAIC GM Wuling subcompact 1886533 Lang Yi SAIC Volkswagen compact model
February 2023 car sales ranking data source: FIFA retail sales tabulation: automotive industry concern ranking model manufacturer level sales 1 Qin family BYD compact car 305402 Wuling Hongguang MINIEV SAIC GM Wuling Dongfeng Nissan compact car 26
November 2022 car sales list data source: passenger association retail sales tabulation: the automotive industry is concerned about ranking model brand level sales 1 Xuanya Dongfeng Nissan compact car 43810 2 Qin BYD compact car 37511 3 Hongguang MINIEV SAIC GM Wuling subcompact 33866
After SAIC GM popularized the use of two 1.0T/1.3T three-cylinder engines in its models, the market reputation and overall sales have suffered a heavy setback. Facts have proved that no matter how good the technical strength and promotion are, it is difficult to make up for the gap between three-cylinder and four-cylinder engines in consumer perception. SAIC General Motors Co., Ltd. sold 1.6 million vehicles (Buick, Chevrolet, Cadillac) in 2019, down 18.8 percent from a year earlier, according to the data. Buick Yinglang and Chevrolet Kruze are the main models in SAIC GM compact cars at present, only 1.0T/1.3T three-cylinder engines are used in power configuration.
SAIC, as the largest automobile group in China, will inevitably decline while China's car sales remain in the doldrums. According to KuaiBao, SAIC's April production and sales, SAIC's sales fell 20% in that month to 1.99 million vehicles from January to April, down 16.8% from a year earlier, and sales directly decreased by 400000. China's new car sales are affected by the economic slowdown, the overall market situation continues to decline, 2018 is the inflection point of China's automobile industry, the decline continues to this day, the passenger car market monthly sales decline with double digits, affecting the sales performance of various manufacturers. SAIC stall precisely reflects the domestic.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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