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Recently, the two-phase expansion project for the entire vehicle production capacity of SAIC-GM-Wuling Qingdao Branch, which was built for one year, was officially completed and put into production. SAIC-GM-Wuling provided production capacity protection for the commercial vehicle market.
As an important production base for SAIC-GM-Wuling in the northern region, the Qingdao branch was officially established in June 2005. It has two major manufacturing plants, namely the vehicle and the engine, which mainly produce Wuling Rongguang, Wuling Prosperous and PN series minivans. After more than 6 years of production and operation, the efficiency and scale of the Qingdao branch have risen steadily, and the supporting structure has been continuously improved, achieving a leapfrog development. Up to now, the Qingdao branch has produced a total of 1.31 million complete vehicles and 860,000 engines. Since its launch of the star product Wuling Rongguang in 2008, the cumulative sales volume has exceeded 850,000, making it the single fastest-growing model for domestic sales growth. . From January to September this year, the Qingdao branch has completed a total sales volume of over 280,000 vehicles, which has played a crucial role in SAIC-GM-Wuling’s cumulative sales volume over the past one million.
It is understood that the completion of the new plant will increase the annual production capacity of the entire vehicle of SAIC-GM-Wuling Qingdao Branch from 300,000 to 510,000, and the production capacity will be effectively increased by 70%. This will provide SAIC-GM-Wuling with capacity to supply the commercial vehicle market. Safeguards will further establish a more solid foundation for SAIC-GM-Wuling to realize the “North-South linkageâ€, build a bridgehead for overseas business, and build a new benchmark for high-end mini vehicle manufacturing bases.