GM China’s SAIC-GM-Wuling Joint Venture Reaches 1 Million Sales

While General Motor’s SAIC-GM-Wuling (SGMW) joint venture in China has sold more than 1 million vehicles before, reaching this milestone at this time of year is a first for the company. In 2011, SGMW sold its 1 millionth vehicle in October. The automaker said it delivered an average of 3,500 vehicles every day through the first eight months of the year 2012, up 15.2 percent from the same period last year. According to GM, domestic sales of the company’s Wuling mini-commercial vehicles have surpassed 934,000 units offering the brand a 50 percent market share of its segment in the country. SGMW also offers passenger cars under the Baojun brand that was launched in 2011 with the 630 sedan and was expanded just last month with the Lechi mini-car. The company has also expanded outside of China as in July, GM Egypt began production of the Chevrolet Move that is based on the Wuling Rong Guang from kits supplied by SGMW.