Trade Resources Industry Trends SAIC Released Its August Production and Sales Report

SAIC Released Its August Production and Sales Report

On Sep. 7, SAIC released its August production and sales report. In terms of production, in August, the company produces 420,275 units of all types of vehicles, accumulating to 3,352,967 units so far this year, up by 15.62% year on year. With respect to sales, it sells 409704 units of all kinds of vehicles, accumulating to 3,336,224 units, up by 14.59% year on year.

Company Production Aug. 2013 Aug. 2012 Jan. –Aug. 2013 Jan. –Aug. 2012 Growth rate Shanghai Volkswagon 154,840 116,767 1,053,512 867,555 21.34% Shanghai GM 123,333 124,481 1,004,840 847,221 18.60% SAIC Passenger Vehicle 19,648 13,521 150,242 119,055 26.20% SGMW 109,465 106,930 1,019,397 963,592 5.79% SMCV 877 805 6,213 4,986 24.61% Shanghai Sunwin Bus 205 270 2,425 2,052 18.18% SAIC-IVECO HONGYAN 1,789 950 18,044 9,281 94.42% NAVECO 10,118 10,232 98,294 86,165 14.08% Total 420,275 373,956 3,352,967 2,899,907 15.62%

SAIC-IVECO HONGYAN produces 1789 units in August, up by 88.32% year on year. From Jan. to Aug., the production accumulates to 18044 units, up by 94.42% year on year. It sells 1670 units in August, up by 51.13% year on year. From Jan. to Aug., the sales accumulate to 18008 units, up by 61.13% year on year. NAVECO produces 10118 units in August, dropping by 1.11% year on year. From Jan. to Aug., it accumulates to produce 98294 units, up by 14.08% year on year. It sells 10472 units in Aug., up by 8.88% year on year, and accumulates to sell 100971 units, up by 13.63% year on year.

Company Sales Aug. 2013 Aug. 2012 Jan. –Aug. 2013 Jan. –Aug. 2012 Growth rate Shanghai Volkswagon 133,081 105,282 1,022,008 836,074 22.24% Shanghai GM 126,132 118,015 1,023,299 893,824 14.49% SAIC Passenger Vehicle 16,230 15,007 135,483 116,172 16.62% SGMW 121,106 108,118 1,027,457 959,094 7.13% SMCV 808 731 6,572 4,100 60.29% Shanghai Sunwin Bus 205 275 2,426 2,052 18.23% SAIC-IVECO HONGYAN 1,670 1,105 18,008 11,176 61.13% NAVECO 10,472 9,618 100,971 88,860 13.63% Total 409,704 358,187 3,336,224 2,911,352 14.59%

Source: http://www.chinatrucks.com/news/2013/0910/article_4799.html
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Saic-Iveco Hongyan Sells 1, 670 Units in August