Up 22% year on year SAIC GM Wuling sold 200000 vehicles in November

Published: Dec 4, 2020 10:51

SMM: December 3, SAIC GM Wuling announced the latest sales results. Data show that SAIC GM Wuling's overall sales reached 195000 vehicles in November, an increase of 22% over the same period last year and the eighth consecutive month of positive year-on-year growth.

Specifically, Wuling brand sales reached 142000 vehicles, an increase of 42 per cent over the same period last year. Behind the huge increase in Wuling brand sales, we have to mention the contribution of Wuling Capgemini. Wuling Capgemini was listed on November 1 as the first flagship MPV model of Wuling Global Bank Standard. It sold 7000 vehicles in the first month on the market, and the cumulative sales reached 13000 (6000 vehicles were delivered before the listing). So far, the cumulative order of Wuling Capgemini has exceeded 30, 000, making it another popular model of Wuling brand.

In terms of new energy, Wuling achieved overall sales of 36000 new energy products, an increase of 21% over October. Among them, Hongguang MINI EV went on sale in July this year, and the actual sales of the car reached 33000 in November, with a daily sales peak of more than 2000, setting a record for new energy vehicle sales in China. So far, Hongguang MINI EV is the only model in the domestic new energy market that sells more than 30, 000 vehicles a month this year.

In addition, the sales of the new Baojun brand reached 15000, up 6% from the same period last year. Among them, the new Baojun RS-3 was also launched in July, and the car sales are currently in the process of climbing, reaching 6000 in November, up 24% from the same period last year.

Editor's comments:

As a representative enterprise dedicated to studying the needs of users, SAIC GM Wuling has been proud of its market performance and envied countless competitors. Among them, Wuling brand, as a Chinese brand under the Sino-US joint venture, has been digging deep into users' pain points and launching the spirit of responding products and services, which is more worthy for other Chinese brands to learn from.

However, this is not over, because what hinders the further growth of Wuling brand sales is not market demand, but product line capacity. It is reported that SAIC GM Wuling opened a special railway transport train for Qingdao-Liuzhou Hongguang MINI EV parts in November, which is expected to increase the car's monthly production capacity to 33000 vehicles per month, which means that Wuling's next delivery capacity and terminal sales will be improved. It is worthy of the car company that built the "autumn famous mountain bike god". I hope to see more such good news in the future, because this can prove that the efforts of Chinese brands are behind the growth of China's automobile industry.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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