SAIC sees surging sales in overseas markets

SAIC Motor Corp Ltd, a Shanghai-based domestic leader in whole-vehicle exports and overseas sales, achieved annual sales exceeding 10,000 units in six foreign markets last year, and will continue to expect strong performance overseas, a senior executive said.

Thailand, the United Kingdom, Indonesia, Chile, Australia and New Zealand and the Middle East have formed the largest markets for SAIC Motor, China's largest original equipment manufacturer in the automobile sector, which also ranked the seventh in the automotive section among Fortune 500 companies last year, according to Lei Ming, deputy managing director of SAIC Motor international business.

Its global blueprint has been an edge for SAIC Motor, which has established whole-vehicle manufacturing bases in Thailand, India and Indonesia, and 11 regional marketing service centers in Europe, North America, South America, Africa, the Middle East, Australia and New Zealand, as well as a network of nearly 500 overseas marketing service outlets, Lei said.