SGMW Achieves Record Sales in 2024
Shanghai (Gasgoo)- SAIC-GM-Wuling (SGMW) recently reported a milestone in its sales figures for 2024, with a total of 1,540,077 vehicles sold. This represents a significant year-on-year growth of 9.76% for the company.
Photo credit: SGMW
In the electric vehicle sector, SGMW saw substantial growth, with sales of approximately 800,000 NEVs in 2024. This accounted for over 50% of total sales and represented a remarkable 63% increase from the previous year. This brings SGMW’s cumulative NEV sales to surpass 2.4 million units by the end of 2024.
Furthermore, SGMW achieved a new high in export sales, with 225,000 units/sets (including CKDs) shipped out last year.
SGMW’s vehicle models are divided into “Red Badge” and “Silver Badge” categories. The Wuling Red Badge lineup recorded annual sales of 590,439 units, with standout performers like the Wuling Hongguang BEV edition and Wuling Yangguang all-electric van contributing significantly to the numbers.
The Wuling Global Silver Badge segment saw even more impressive results, with annual sales reaching 680,941 units and a substantial year-on-year growth of 19.7%. Notable models like the Hongguang MINIEV family, Wuling Bingo family, and Wuling Xingguang family all posted impressive sales figures.
Additionally, the Baojun brand under SGMW reported sales of 43,647 units in 2024, marking a 37.1% increase from the previous year. The Baojun Yunhai SUV model was particularly successful, with deliveries of 10,017 units.
