SAIC-GM-Wuling produces 25 million vehicles

Sino-US joint venture SAIC-GM-Wuling saw its 25 millionth vehicle rolling off the production line on Thursday, becoming the first carmaker in the country to reach the milestone.

The company said the 25 millionth car was a Wuling Asta SUV model. Wuling is one of the most popular marques in the country, with its cumulative deliveries exceeding 19.5 million.

Sales at Baojun, another brand of the joint venture, have reached nearly 5 million units since its launch in 2010.

SAIC-GM-Wuling is now a leading electric carmaker as well, with its Hongguang Mini EV the most popular model in its segment.

Its first electric model, the Baojun E100, could date back to 2017. As of Wednesday, the company's electric vehicles sales have exceeded 650,000 units in total.

In the first 10 months of this year, SAIC-GM-Wuling sold over 1.43 million vehicles, up 21.2 percent year-on-year, much faster than the average growth rate of China's automotive market.

The carmaker has been exploring overseas markets as well. In 2020, it sold 77,376 vehicles and knock-down kits in over 40 countries and regions, with the revenue hitting 3.46 billion yuan ($540 million).