SAIC-GM-Wuling posts strong auto sales in 2020

NANNING - SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer between SAIC Motor, General Motors and Liuzhou Wuling Motors, reported strong annual sales in 2020, the company said.

Vehicle sales of SGMW, located in Liuzhou, South China's Guangxi Zhuang autonomous region, exceeded 1.6 million units last year.

The Wuling brand sold more than 1.18 million units in 2020, maintaining a year-on-year growth for nine consecutive months since April, while the sales of New Baojun, another vehicle brand of the company, increased 70 percent year-on-year to more than 154,000 units.

The sales of the company's new energy vehicles (NEVs) also posted robust growth, with the small NEVs soaring 190 percent year-on-year to 174,000 units throughout the year.

SGMW also reported growing sales in overseas markets in 2020, with more than 77,000 units and sets of vehicles worth 3.46 billion yuan ($535 million) exported to 40 countries.