综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

SAIC expects to lead market despite fall in first half

chinadaily.com.cn | Updated: 2020-08-28 11:23
Share
Share - WeChat
MG vehicles are assembled at SAIC Motor's fully-automatic production line in Thailand. [Photo provided to China Daily]

SAIC Motor Corp said on Thursday that it will try to achieve a better sales performance than the overall market average, as the largest carmaker in China recovers from the coronavirus pandemic slump.

The State-owned carmaker made the remark when it released the financial report of its first half of 2020. Vehicle deliveries in that period totaled 2.05 million, down 30.2 percent year-on-year.

Its revenue in the same period was 283.74 billion yuan ($41.23 billion), down 24.6 percent year-on-year. Net profit fell 39.1 percent year-on-year to 8.39 billion yuan.

"The unexpected coronavirus pandemic has caused havoc on the global economy and the global automotive industry. The situation was even more serious in the Chinese car market," said SAIC Motor in its report.

Statistics from the China Association of Automobile Manufacturers show that vehicle deliveries in China totaled 10.23 million in the first half of 2020, down 17.2 percent year-on-year. Passenger vehicle sales reached 7.83 million, down 22.9 percent year-on-year.

But as the pandemic has been basically curbed in China, the auto market is recovering. SAIC's vehicle sales in the second quarter rose 101.8 percent compared with the first. Its monthly sales have been on the rise since April.

SAIC said it will work hard to get a better sales performance than the overall Chinese market this year. The CAAM estimates that vehicle sales will improve in the second half, but it said this year's total sales will fall 10-20 percent compared with 2019.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
格尔木市| 山阳县| 安徽省| 大石桥市| 浑源县| 台安县| 乌恰县| 江达县| 合水县| 二手房| 南乐县| 武安市| 德庆县| 东源县| 贵州省| 黄大仙区| 潜山县| 辉南县| 山西省| 新巴尔虎右旗| 南昌县| 静乐县| 玛多县| 左贡县| 冷水江市| 南平市| 永平县| 汝南县| 策勒县| 泸西县| 芜湖县| 京山县| 建水县| 和顺县| 呼玛县| 宜阳县| 上栗县| 上犹县| 双辽市| 子长县| 新民市|