SAIC Motor garners four-straight-month YoY sales growth as of Sept.

Shanghai (Gasgoo)- With 602,318 new vehicles sold, SAIC Motor boasted a 9.51% year-on-year growth in Sept. sales, the Chinese largest automaker said on October 12.

Thanks to the four-consecutive-month increase in the Jun.-Sept. period, the year-on-year decrease in the company's year-to-date sales had contracted to 18.14%, indicating that the pandemic-caused impact was further attenuated.

(Wuling Victory; photo credit: SGMW)

Most subsidiaries succeeded in gaining growth last month. SAIC-GM-Wuling (SGMW) was once again honored the champion in terms of the Sept. sales and achieved year-on-year increase for the sixth month in a row.

Among 176,000 vehicles sold by SGMW in Sept., 118,027 units (+36% YoY) and 20,290 units (+22% YoY) were from Wuling and New Baojun brands respectively.

SGMW partly attributed its vigorous sales growth to its solid product strength and rich production matrix. The presale of the Wuling Victory four-seater family-use MPV, the first flagship model bearing Wuling's global silver badge, kicked off on September 28 and the order number has so far exceeded 10,000 units.

(Tiguan X; photo credit: SAIC Volkswagen)

SAIC Volkswagen saw its Sept. sales edge down 1.19% year on year to 175,000 units.

At the Auto China 2020, the Sino-German joint venture started the presale of the Tiguan X coupe SUV priced from 246,000 yuan ($36,745) and 306,000 yuan ($45,710).

To achieve its profitability goal, SAIC Volkswagen is increasing the sale of highly profitably SUV models, like coupe SUVs. The Teramont X, the joint venture's first coupe SUV model, went on sale in late May 2019, and its refreshed model came into the market in this year's April.

(Buick GL8 Avenir; photo source: SAIC-GM)

SAIC-GM scored a 9.47% growth over the prior-year period with 153,326 vehicles sold. Of those, the wholesale of Buick brand leapt 28% to 98,722 units, hitting a new high level for the past 24 months.

(MAXUS EUNIQ7; photo source: MAXUS)

SAIC Maxus saw its Sept. sales surge 40.31% year on year to 21,199 units. The MAXUS EUNIQ7, the world's first fuel cell MPV, hit the market at the Auto China 2020.

Moreover, SAIC Motor said it sold in September roughly 40,000 new energy vehicles, which skyrocketed 223.8% from a year ago.