SAIC Motor boasts 4.18% YoY growth in Jan.-Sept. 2022 auto sales

Monika From Gasgoo

SAIC Motor announced last Sunday its auto sales reached 517,092 units in Sept. 2022, edging up 0.25% year on year, while also slightly rising 0.98% month on month.

BrandsAUDI, Baojun, Baojun (Diamond), Buick, Cadillac, Chevrolet, IM, Maxus, MG, RISING, Roewe, Skoda, Volkswagen, VW ID, Wuling, Wuling (Global Silver Logo)
BrandsBaojun, Baojun (Diamond), Chevrolet, Wuling, Wuling (Global Silver Logo)

Shanghai (Gasgoo)- SAIC Motor announced last Sunday its auto sales reached 517,092 units in Sept. 2022, edging up 0.25% year on year, while also slightly rising 0.98% month on month.

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For the first nine months of this year, the Shanghai-based auto giant sold 3,770,224 vehicles in total, representing a 4.18% growth compared to the year-ago period.

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Among the group's subsidiaries, SAIC-GM-Wuling ("SGMW") outsold others in Sept. with a sales volume of 164,200 units, scoring a 9.47% year-on-year growth.

On Sept. 28, SGMW put an all-new small-sized SUV bearing its silver logo, the Wuling Xingchi, onto the market, with six trim levels offered. Besides, the convertible version of the hotter-selling Wuling Hongguang MINIEV also went on sale in late Sept., priced at 99,900 yuan ($14,050). Deliveries of the Wuling Asta HEV kicked off last month as well.

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Photo credit: SAIC Motor

Both SAIC Volkswagen and SAIC-GM recorded a sales volume of over 100,000 units last month, but the latter failed to gain a year-on-year rise.

SAIC Motor Passenger Vehicle Company ("SAIC Motor PV") saw its Sept. sales dip 7.6% over a year earlier, but its year-to-date sales still jumped 23.38%.

SAIC Maxus' monthly sales dropped 2.07% year over year to 21,724 units in September, resulting in a Jan.-Sept. sales volume of 152,107 units (-7.1% YoY). Last month, the company put the MIFA fuel cell MPVs into operation through Xiangdao Chuxing, the mobility service platform of SAIC Motor.

The sales of IM Motors, a premium electric vehicle maker backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, saw its monthly sales reach 1,019 units last month, resulting in 3,077 units in its year-to-date sales.

In addition, SAIC Motor's new energy vehicle (NEV) sales stood at 95,379 units in Sept., leaping 48.49% over the previous year. During the same month, the group saw its export volume and sales of overseas markets total 108,355 units, up 51.19% year over year.

SAIC MotorAutomakerCompany Insights
Location: China/Shanghai/Shanghai/Pudong New Area
BrandsAUDI, Baojun, Baojun (Diamond), Buick, Cadillac, Chevrolet, IM, Maxus, MG, RISING, Roewe, Skoda, Volkswagen, VW ID, Wuling, Wuling (Global Silver Logo)
ModelsMidsize SUV, Compact SUV, Compact SUV, Midsize SUV, i6/i6 MAX, LS8, HS/Pilot, Electra E5, Enclave, Fullsize SUV, Encore, Encore GX/Encore Plus, Envision, Excelle, Excelle GT, GL6, GL8, GL8 ES/ Avenir, Century, Lacrosse, Electra E4, Regal, Velite 6, Velite 7, Verano, Envista, Large EV Car, OPTIQ, CT4, CT5, CT6, Large EV SUV, LYRIQ, GT4, XT4, XT5, XT6, Fullsize SUV, Blazer, Cavalier, Seeker, Equinox, Malibu XL, Menlo, Fullsize EV SUV, Monza, Orlando, Sail 3, Tracker, Trailblazer, Chevrolet, D60, D90, Lingdi, G70, G90, G10, G20, G50, L7, L6, LS6, LS9, LS7, i6/i6 MAX, iMAX8, MARVEL R, MG4, Compact Car, RC7, R7, F7, Compact Car, Midsize SUV, MG7, Cyberster, MG ONE, MG3, MG5, MG6, ZS, Clever, D5X, D7, D6, i5, Ei5, RX3, Lomemo, RX5 MAX, RX5/RX5 PLUS, RX8, RX9, Whale, 510, 530, 630, 730, E100, E200, E300, RC-5, RS-3, RS-5, RS-7, Valli, Yangguang, Hongguang MINIEV, Hongguang PLUS, Hongguang S, Hongguang S3, Hongguang V, Rongguang, Sunshine, Zhengcheng, Jiachen, Hongguang MINIEV, Nano, Xingguang s, Air ev, Binguo, Yep, Yun Duo, Medium-sized pure electric sedan, Midsize SUV BEV, Yunhai, Large SUV, Huajing S, Xingyun, Xingguang, Xingchi, Victory, Asta, Spark, Aveo, Kamiq/Kamiq GT, Karoq, Kodiaq, Octavia, Rapid, Superb, A7L, Midsize SUV, Q6 E-tron, Q5 e-tron, A5, Q6, Lamando, Lavida, Lavida XR, Passat, Phideon, Polo, Santana, T-Cross, Teramont, Teramont X, Tharu, Tiguan L, Tiguan X, Touran L, Viloran, ID.7 S, ID.3, Guanghe 4 X, ID.6 X, Excelle GX, XTS, Cruze, Malibu, Feifan R, GS, MARVEL X, 360, Whale, 310, 560, 310W, 360, RC-6, RM-5, Yangguang, e-Lavida, Touran, GL8 ES/ Avenir, Velite 7View more
Location: China/Guangxi/Liuzhou/Liunan District
BrandsBaojun, Baojun (Diamond), Chevrolet, Wuling, Wuling (Global Silver Logo)

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