GM China joint venture sees soaring vehicle export in Q1

SAIC-GM-Wuling (SGMW), a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, saw its first quarter (Q1) vehicle exports reach 49,330 units, up 48 percent year on year.

In March alone, the company, based in the city of Liuzhou in south China's Guangxi Zhuang Autonomous Region, exported a total of 17,155 units, up 80 percent year on year.

SGMW sold a total of 335,845 vehicles in the first quarter of this year, including 105,081 new energy vehicles, which registered a year-on-year growth of 34 percent.

In March alone, the company sold 129,014 vehicles, a year on year increase of 17 percent, said the company.