SAIC: Its Vehicle Enterprises Are Expected To Gradually Resume Normal Production In Late May

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SAIC's complete vehicle enterprises are expected to gradually resume normal production in late May On May 6, surging news learned from SAIC that at present, its affiliated enterprises in Shanghai have more than 40000 employees stationed in the factory to carry out closed-loop operation and production, and all major vehicle factories have achieved stable batch off-line of vehicles.

SAIC expects that from late May, the resumption rate of two batches of spare parts supporting enterprises on the "white list" in Shanghai will exceed 80%, and the logistics pressure in the Yangtze River Delta will be further alleviated.

SAIC said that on the premise of maintaining the stability of supply chain and logistics, SAIC's vehicle enterprises are expected to gradually resume normal production in late May, and strive to reach the level of the same period last year. For the whole year, despite the impact of the epidemic, SAIC's sales target in 2022 is still 6 million vehicles previously set, with a year-on-year increase of more than 10%.

In addition, SAIC also revealed that its vehicle sales in April was 167000. In March this year, its vehicle sales volume was 443000; Last April, the vehicle sales volume was 419500.

It is reported that on April 18, SAIC Lingang passenger car factory started the pressure test for resumption of work and production, including personnel guarantee, supply chain guarantee, logistics guarantee, closed production management and epidemic prevention measures, so as to fully verify the conditions for resumption of work and production; On April 19, the passenger car factory near the port completed the resumption of work, and the first vehicle under the pressure test was offline; At the 2021 annual performance presentation on May 5, SAIC said that by the end of April, its vehicle enterprise Shanghai base had basically resumed single shift production.

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