SAIC

  • SAIC sold 4.5 million vehicles in 2012

    SAIC sold 4.5 million vehicles in 2012
    SAIC is a Chinese group which owns mainly Joint-Ventures(JV) branches with  Western carmakers (VW ad GM) but develops alsoits own brands. Vehicles produced by  the JV branches  may be counted by analysts as SAIC vehicles or as GM and VW vehicles. It is  important not to count these vehicles twice.
    SAICsold 4.5 million vehicles in 2012(+ 12% versus 2011),of which 350,000 in the month of December (7% versus same month of last year).Last month, Shanghai-VW sold 75,000 vehicles (- 28.7%), Shanghai-GM 111 000 (37.9%), SAICRoewe MG-25000 (+ 48.7%), SAIC-GM 127000-Wuling (+10.6%).
    Lastyear,Shanghai-VW and Shanghai-GM, the  two main JV branches of SAICsold 1.28 million and 1.39 million vehicles,respectively.
    SAICRoewe MG-sold 370,000 vehicles during the sameperiod.
    SAIC-GM-Wulingsold on its side 1.46millionvehiclesin 2012 (+ 12%),including 1.35million minibus and minivan under the brandWuling and 110,000 cars under thebrandBaojun.

    Note:Volkswagenvehiclessold byShanghai-VW totaled 1.05 million units last year (+11%), while sales of Skoda brand vehicles increased 4.5 % to 230 000 units. There is no Audi brand vehicles sold by Shanghai-VW.
     

    13-02-9

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