SAIC H1 Sales Likely To Climb
By Vivian Jin |
May 26, 2010, Wednesday
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Print Edition
Print Edition
SAIC Motor Corp expects its first-half sales to increase to more than 1.65 million vehicles from 1.23 million a year earlier, Bloomberg News reported yesterday, citing President Chen Hong.
The nation's largest domestic auto maker has set the 2010 sales target at 3 million units, according to an earlier statement.
At an annual shareholders' meeting yesterday, Chairman Hu Maoyuan also said SAIC aims for 20 percent of China's alternative-energy vehicle market by 2015, according to the report.
SAIC makes cars and light commercial vehicles with Volkswagen AG and General Motors Corp.
The nation's largest domestic auto maker has set the 2010 sales target at 3 million units, according to an earlier statement.
At an annual shareholders' meeting yesterday, Chairman Hu Maoyuan also said SAIC aims for 20 percent of China's alternative-energy vehicle market by 2015, according to the report.
SAIC makes cars and light commercial vehicles with Volkswagen AG and General Motors Corp.
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