SAIC-GM-Wuling exploring Indian car market

It is reported by Nanfang Daily that SAIC-GM-Wuling has already laid down the plan to enter India. According to some related leaders of the corporation, Yao Zuoping, vice president of SAIC-GM-Wuling will be the Project Leader of the joint venture set up in India together by SAIC and GM. Yao with a team will introduce the ‘low-cost, high-value’ business model and products of SAIC-GM-Wuling to India.

SAIC-GM-Wuling thinks this suggests that its business model has been highly recognized by the shareholders and they hope to expand its successful experiences to the overseas markets. In addition, while consolidating its strengths in the mini-car field, SAIC-GM-Wuling will also promote overseas business on the base of taking advantage of the orient resources as well as steadily improve the passenger vehicle business and continuously expand the ‘low-cost, high-value’ manufacturing model, which are all conducive for the whole Chinese automobile industry to form a personalized manufacturing model.

According to the newly announced statistics, SAIC-GM-Wuling has become a new member of the ‘million club’ with a production and sales volumes of one million units this year. Besides, it is also the first pure vehicle corporation of the club. Wuling mini-car has become the first domestic brand whose annual production and sales have both exceed the number of one million units.

Yang Jie, general manager of the corporation said ‘This year, the highest single-day sales are close to 5000 units. We suppose there is a sale time of eight hours one day; it means every five seconds a car is delivered to one consumer.’

Increasing by 57.8%, SAIC-GM-Wuling’s total sales of this year Automobile have reached 1.0264 million units By December 15th. Wuling mini-car has become the sales champion reelected the fourth time after the passed three consecutive years. It is said next year two new mini-car models will be available in the market. (Translator: Yalong/ Jessie)

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