LDV TRIPLES ITS MARKET SHARE | TRANSPORT NEWS

Chinese brand LDV has strengthened its position in the Australian market with sales up 155.6 per cent year on year and total sales of 511 vehicles (Facts July YTD).

The LDV T60 ute recorded 270 sales, recording 2.2 per cent of its sector in July. The LDV G10 and V80 vans secured 10 per cent of the largest van segment in Australia, the 2.5 to 3.5 tonne sector. LDV G10 van sales are up 22.1 per cent year to date, with sales of the G10 people mover growing by 21.4 per cent so far this year compared to 2017.

The LDV T60 is priced for ABN holders at $28,990 driveaway for the LDV T60 PRO manual, a fully equipped four-wheel drive ute. The LDV T60 LUXE manual starts at $32,990 driveaway.

The LDV G10 van is priced from $25,990 driveaway for ABN holders, while the G10 people mover, which is available with seven or nine seats, starts its pricing at $29,990 driveaway. The LDV V80 van range is priced at $30,990 driveaway for ABN holders and is available in two wheelbases and three roof heights, enabling it to be tailored to specific business needs.

LDV is a division of SAIC (Shanghai Automobile and Industrial Corporation), the largest and oldest automotive manufacturer in China as well as being the largest auto company on China’s share market. A Fortune Global 500 company, holding 46th position in the world’s largest companies on the list, SAIC sold more than 5.9 million vehicles in 2015, more than six million in 2016 and its set to top the seven million mark in 2017. It was the first company to enter joint ventures with non-Chinese car makers and has formed joint ventures with Volkswagen, IVECO and General Motors.

SAIC Motor’s business covers the research, production and vehicle sales of both passenger cars and commercial vehicles. It also covers components including engines, gearboxes, powertrains, chassis, interior and exterior and miscellaneous electronic components, and logistics, vehicle telematics, second-hand vehicle transactions and auto finance services.The company has also developed electric versions of the V80 and G10 which are now on sales selected markets and it has displayed a hydrogen fuel cell variant of the V80.

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