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10. November 2011

CN - SAIC Motor auto sales in Jan to Oct up by 12pct YoY

China Knowledge reported that SAIC Motor Corp Ltd China No1 car maker sold 3.32 million vehicles in the first ten months of this year up by 11.77%YoY.

In October, the firm auto sales reached 343,443 units up by 11%YoY. Shanghai Volkswagen Automotive Co Ltd a 50-50 joint venture set up with Volkswagen AG, sold 100,391 cars in October up by 9%YoY.

Shanghai General Motors Co Ltd a JV established with General Motors sold 107,431 cars last month increasing 6.5%YoY.

SAIC-GM-Wuling Automobile Co three way joint venture set up by SAIC Motor, Liuzhou Wuling Motors Co Ltd and General Motors saw its sales rise 19.2%YoY to 113,139 units.

SAIC Motor Passenger Vehicle Co delivered 12,007 vehicles last month up by 7%YoY.



Sourced from China Knowledge

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