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SAIC Achieves Profitability in Multiple Overseas Markets Europe will become its first overseas "100,000-vehicle" market

SAIC Achieves Profitability in Multiple Overseas Markets Europe will become its first overseas "100,000-vehicle" market

SAIC's own brand in Europe saic oil supply map

February 17 (Zhou Zhuo'ao) SAIC Motor announced at the overseas business media communication meeting held on the 17th that SAIC will fully exert its strength in the European market in 2022, and the sales volume of SAIC's own brands MG and MAXUS in Europe is expected to reach 120,000 vehicles.

SAIC motor said that due to the impact of the global epidemic, in 2021, Chinese car companies have encountered a series of challenges such as rising raw material prices, shortage of parts supply, tight transportation capacity and rising freight rates, but SAIC motor has still achieved profitability in many key regional markets such as Europe. In the future, with the acceleration of explosive models and the continuous improvement of logistics, channels and after-sales systems, SAIC's overseas sales will continue to grow at a high speed, and the momentum of profit growth is obvious.

SAIC Achieves Profitability in Multiple Overseas Markets Europe will become its first overseas "100,000-vehicle" market

Yu De, General Manager of INTERNATIONAL BUSINESS DEPARTMENT OF SAIC GROUP AND GENERAL MANAGER OF SAIC INTERNATIONAL, Courtesy of SAIC Motor

Yu De, general manager of saic motor's international business department and general manager of SAIC Motor International, said that in 2021, SAIC's independent brands MG and MAXUS will sell 73,000 units in developed European countries such as the United Kingdom, France, Germany and Sweden, of which more than 40,000 new energy vehicles will be sold and more than 800 marketing service outlets will be sold.

Yu De said that in 2022, aiming at the hot European new energy vehicle market, SAIC will launch new energy products such as the "global car" pure electric SUV MG EH32, expand marketing service outlets to 1200, accelerate the promotion of "European Raiders", and build the first "100,000-car" overseas regional market.

SAIC Achieves Profitability in Multiple Overseas Markets Europe will become its first overseas "100,000-vehicle" market

SAIC's own brand in Europe saic oil supply map

It is understood that as The only automobile enterprise in China with a systematic, planned and structured "going out", SAIC Motor has established an automotive industry chain integrating R&D, marketing, logistics, parts, manufacturing, finance, second-hand cars, etc. for the global market, with products and services in more than 80 countries and regions around the world, and has formed six "50,000 vehicle-class" regional markets in Europe, Australia and New Zealand, the Americas, the Middle East, ASEAN and South Asia. (End)

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