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SAIC Motor sold 491,000 vehicles in October, a YOY increase of 32.3%

According to official news from SAIC Motor, the group’s vehicle sales reached 491,000 units in October, setting a new high this year.

In October, SAIC sold 104,000 new energy vehicles, a year-on-year increase, ranking second among Chinese automakers. SAIC Motor sold 111,000 vehicles in overseas markets in October, a year-on-year increase of 32.3%.

SAIC said that the Roewe D7 DMH will be launched on November 8, equipped with the “most powerful hybrid” DMH super hybrid system, the industry’s first “hybrid control brain” PICU, saving 70% of redundant components, and increasing the system computing speed by 50%. , the power response only takes 0.26 seconds.

It is said that Wuling Bingo sales exceeded 26,000 units in October and is sprinting towards the top spot in the market segment.

In terms of joint venture brands, SAIC Volkswagen sold 16,000 new energy vehicles in October, a year-on-year increase of 136%. SAIC-GM’s new energy vehicle sales exceeded 10,000 units, a year-on-year increase of 90.7%.

In developed European markets, SAIC’s MG brand sold a total of 200,000 units in the first 10 months of this year (of which new energy vehicles accounted for 50%), a year-on-year increase of more than 130%, which exceeded the whole of last year.

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Stephen Cruise
Stephen Cruisehttps://www.techgoing.com
Stephen Cruise is a senior editor covering latest smartphones, EVs, PC gaming, console, and tech with 11 years of experience.

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