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SAIC MOTOR

SAIC Motor sells 482,000 vehicles in September

SAIC Motor, China's largest vehicle maker by sales volume, sold 482,000 vehicles in September, maintaining its leading position in the country’s automotive industry and achieving a new monthly sales record for this year.

During the first three quarters of this year, SAIC Motor's wholesale of complete vehicles steadily rose, reaching 890,000, 1.18 million, and 1.31 million units, respectively. This consistent quarterly increase sets a solid foundation for the company to achieve even higher sales targets in the upcoming fourth quarter, traditionally a peak season in the market. SAIC Motor delivered 102,000 new energy vehicles (NEVs) in September, and achieved sales of 105,000 vehicles in overseas markets, both of which set new records for this year and signified the carmaker’s acceleration in innovative transformation.

From January to September this year, SAIC Motor delivered 683,000 NEVs, a year-on-year growth of 18.2 percent and ranking second among Chinese automakers. Official data showed that SAIC Motor delivered 102,000 NEVs to customers in September alone, a year-on-year increase of 29.6 percent and a month-on-month increase of 18.8 percent. Monthly sales of SAIC Motor's NEVs exceeded 100,000 units for the first time this year, demonstrating that the carmaker has made breakthroughs in the development of the NEV sector.

SAIC Motor remained robust momentum in overseas markets. From January to September, its cumulative wholesale volume in overseas markets reached 838,000, a year-on-year growth of 21.8 percent and continuing to lead among Chinese automakers. In September, SAIC Motor's overseas wholesale reached 105,000 units, marking a new high for this year. Its self-owned brand MG continued to perform well in the European markets, with monthly sales reaching 28,000, doubling year-on-year and topping the lists of new car sales in the United Kingdom, Germany, France, Italy, Spain, Sweden, Norway, and Ireland. The MG ZS successfully clinched the top spot for monthly sales of a single model in the Spanish market.

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