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SGMW’s Phase II Vehicle Factory in Baojun Base was completed and put into production in advance
Date:2015-08-24 By:Jing Liao Source:Department of Party-masses work

Recently, the first car produced by Phase II Vehicle Factory production line of Wuling Baojun Base was offline, which means the Phase II Vehicle Factory in Baojun Base of SAIC-GM-Wuling Automobile (SGMW) that lasted for 274 days was officially completed and put into production in advance.

From January to July of this year, SGMW’s vehicle of Baojun marque was sold 217,000, with a year-on-year growth of 423.5%. The upward momentum of Baojun marque comes from the strong pulling power of Baojun 730 and Baojun 560. Among them, SGMW’s first SUV Baojun 560 has raised a hot selling wave after its appearance on market. The sales amount of the same month is 9158, and will reach 15,000 in August and it is expected to reach 25000 in September. The orders received from customers are more than 35,000, and at present it is still in short supply. The completion and put into production of Baojun Phase II Vehicle Factory will accelerate the delivery of Baojun 560, and help to boost the development of Baojun marque.

It is reported that Baojun Base Phase II project started construction in last November, with a total investment of 8 billion yuan, covers an area of about 1450 mu, and has an annual production capacity of 400 thousand vehicles and engines, and 200 thousand new energy automobiles. Baojun Base is mainly responsible for the R & D and production of Baojun marque’s car series, engines and related accessories, and will provide full capacity support to meet the growing market demand for Baojun marque. Phase II project focuses on the production of Baojun 560 and Baojun 730, and will effectively alleviate the problem of insufficient capacity.

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