BAIC Group's complete vehicle sales rise 5.67% YoY in Oct. 2024

Published: Nov 7, 2024 17:44
Source: gasgoo
On November 5, BAIC Group announced its latest sales figures, reporting a total of 144,100 vehicles sold in October 2024, marking a 5.67% year-on-year growth.

Beijing (Gasgoo)- On November 5, BAIC Group announced its latest sales figures, reporting a total of 144,100 vehicles sold in October 2024, marking a 5.67% year-on-year growth.

In terms of performance of the group's individual sectors, the premium electric vehicle brand, ARCFOX, led with notable momentum, with sales reaching 11,122 vehicles in October. For the first ten months of 2024, ARCFOX's cumulative sales amounted to 57,863 vehicles, representing a substantial 218.6% year-on-year soar.

BAIC Motor achieved sales of 23,020 vehicles in October, reflecting a 120% year-on-year surge. Notably, its overseas market sales surpassed 10,000 units for the first time in a single month.

Foton Motor, a commercial vehicle subsidiary of BAIC Group, also posted robust performance, with 56,000 vehicles sold in October, reflecting increases from both the previous month and the previous year. In addition, BAIC's heavy-duty truck division also saw year-on-year and month-on-month growth in October sales. The automaker recently delivered 100 next-generation digitalized heavy-duty trucks to Mexico.

Meanwhile, BAIC Group's Sino-Korean joint venture, Beijing Hyundai, recorded sales of 14,000 vehicles in October.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
21 hours ago
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Read More
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Waymo and Uber (NYSE: UBER) announced an upgraded strategic partnership: The two parties plan to deploy at least 1,200 Robotaxi units in the Middle East by 2027, covering three major markets—Abu Dhabi, Dubai, and Riyadh. According to the plan, all 1,200 Robotaxi units will be integrated into the Uber App to provide public transportation services.
21 hours ago
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
21 hours ago
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
Read More
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
Tesla Vice President Tao Lin stated today that Tesla would actively participate in related work on assisted autonomous driving in the Chinese market, but could not yet provide a clear timeline for implementation. Elon Musk previously indicated that Tesla's Full Self-Driving (FSD) would be deployed in Europe this February, with the Chinese market to follow.
21 hours ago
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
Feb 5, 2026 17:52
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
Read More
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
On February 5, Changan Automobile unveiled its global sodium-ion battery strategy, and the world's first mass-produced sodium-ion battery passenger vehicle was officially introduced. Test data shows that the vehicle equipped with CATL's sodium-ion battery delivers nearly three times the discharge power compared to conventional lithium iron phosphate vehicles with the same battery capacity under -30°C conditions. In extreme cold environments of -40°C, it maintains over 90% capacity retention, and it can still discharge stably even at the extreme low temperature of -50°C.
Feb 5, 2026 17:52