SAIC's 2009 sales surpass whole of last year

Shanghai Automotive Industry Corporation (Group) (SAIC) said sales in September increased 90.7 percent from a year earlier to more than 150,000 units. Sales from January to September have totaled 1,940,000 vehicles, up 47 percent year-on-year, surpassing sales for the whole of 2008.

SAIC's three major subsidiary companies continued to have strong sales in September. Shanghai GM sold more than 71,000 passenger vehicles, up 99 percent from a year earlier; Shanghai VW sold over 70,000 units, up 83 percent year-on-year; and sales of Roewe and MG reach more than 9,000 units, up 109 percent from a year earlier.

The domestic car group continues to lead in terms of commercial vehicle sales with an , increase of 91 percent in September, with SGMW selling 95,000 units, up 97 percent, and ranked No.1 among domestic mini vehicle brands.

SAIC sold 720,000 units in the third quarter, up 92 percent year-on-year, and up 5.8 percent on a monthly basis. Shanghai GM sold 480,200 units sale during the same period, up 40.4 percent from a year earlier; SGMW sold 801,869 vehicles, up 64.5 percent year-on-year.

Due to the increase in sales, SAIC's domestic market share has reached 20.2 percent, up 1.9 percent from a year earlier.

Agencies and Shi Jierui contributed to this story