SAIC-GM-Wuling posts rising auto exports

NANNING - SAIC-GM-Wuling (SGMW), a major automobile manufacturer in China, reported strong vehicle export growth in the first five months of the year, the company said.

SGMW, based in Liuzhou of South China's Guangxi Zhuang autonomous region, saw its auto exports gain 22 percent year-on-year, reaching around 75,000 units during the period.

Its total sales revenue in overseas markets from January to May hit about 4.2 billion yuan ($630 million), an increase of 39 percent compared with the same period last year.

A total of 20,800 vehicles of the SGMW's compact crossover SUV model Baojun 530 were exported during the period, while the exports of the Baojun 510, another SUV model, reached 15,215 units.

In late May, auto parts of SGMW's Air EV model were delivered to Indonesia, marking the company's first export of new energy vehicles, it said.