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Liuzhou brand Baojun breaks 210 thousand yuan in the first quarter
 
Date:2016-04-17 By:Bin Lu Source:www.liuzhou.gov.cn

March was a off-season for car sales in the old times, however, by the solid performance of Baojun brand, SGMW sold 205,682 vehicles of 10.38 billion yuan in this March, with a 24% year-on-year sales growth; gross value of industrial output grew by 17%, which was up to 10.10 billion yuan. After this January, it once again broke tens of billions for both objects mentioned above, becoming a major force of Liuzhou industry.

When the domestic automobile industry begun its new sluggish growth, SGMW started with reform of the supply front, with users’ needs oriented, and finally achieved a breakthrough through product upgrades. In the first quarter of this year, SGMW sold 566,946 vehicles, with sales revenue up to 28.41 billion yuan, and a year-on-year growth of 26%; the total industrial output value reached 29.02 billion yuan, with a year-on-year growth of 24%, all of which were the results of the steady development of Baojun brand.

It is worth mentioning that in this March, the number of sold SGMW engines reached 172,805, boosting a total sale of 489,502 sets of gasoline engines in the first quarter of this year, with a year-on-year growth of over 4%. It was reported that in the ranking list for domestic gasoline engine sale from this January to February, SGMW made the top place, accounting for 8.54% of the total market.

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