China’s largest automaker SAIC goals to triple abroad gross sales by 2025, Auto Information, Automobilnews
SHANGHAI – China’s largest carmaker SAIC Motor desires to triple its abroad auto gross sales to 1 million items by 2025, a senior firm official mentioned on Wednesday, as extra Chinese language auto producers search gross sales development globally.The Shanghai-based firm, which bought round 7 million autos final yr with its personal manufacturers and joint ventures with Volkswagen and Common Motors, makes up just below 1 / 4 of China’s auto market, the world’s largest.
“SAIC’s abroad gross sales would hit 350,000 items this yr and we’ll try to promote greater than half one million subsequent yr,” Yu De, deputy president of SAIC instructed reporters in Shanghai. “By 2025, we goal to have a market dimension of 1 million items a yr.”
“We’ll systematically plan our abroad operations, from provide chain to logistics,” mentioned Yu.
SAIC builds MG model vehicles in India and Wuling industrial autos in Indonesia with GM. It additionally exports vehicles to Netherlands and Australia.As China’s general market continues to say no after its first annual contraction final yr for the reason that 1990s, the corporate’s gross sales additionally dropped 13.7% within the first ten months this yr.