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SAIC Motor's auto sales up 12.63% in Apr

May. 7, 2012 (China Knowledge) - SAIC Motor Corp Ltd<600104>, China's No.1 carmaker, has announced that its auto sales rose 12.63% year on year to 367,600 units in April this year.
In the first four months, the group's auto sales reached 1.51 million units, 9.2% more than in the same period of 2011.

Shanghai Volkswagen Automotive Co Ltd, a 50-50 joint venture set up with Volkswagen AG, sold 430,143 cars in the first four months, up 11.19% year on year.  
Another JV, Shanghai General Motors Co Ltd, which the SAIC Motor established with General Motors, sold 444,777 cars in the four-month period, increasing 8.11% from the same period of last year.  

SAIC Motor Passenger Vehicle Co, which mainly produces its in-house brand vehicles, saw its auto sales reach 56,636 units in the period, down 2.49% year on year.

SAIC-GM-Wuling Automobile Corp, a joint venture of General Motors, Shanghai Automotive Industry Corp and Liuzhou Wuling Motors Co, delivered 519,931 vehicles in the first four months, 12.42% more than in the corresponding period of 2011.

SAIC Motor said that its auto output rose 15.07% year on year to 379,100 units last month, taking its output in the first four months to a total of 1.51 million units, representing a growth of 13.15% year on year.

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