SAIC Motor Tops Sales Charts with Over 2.04 Million Vehicles Sold in First Half

[Market Update] SAIC Motor sold 2,045,000 vehicles in the first half of the year, becoming the only automaker to surpass the 2-million mark.

Core Developments: Self-owned Brands Account for Over 70%, Growth Across Multiple Segments

SAIC’s self-owned brands sold 1,469,000 vehicles in the first half, up 12.6% year-over-year, representing 71.8% of the group’s total sales. Among them, SAIC Motor Passenger Vehicle Division surged by 49.4%, while IM Motors skyrocketed by 107%.

Key Metrics: Strong Dual Growth in New Energy and Overseas Exports

New energy vehicles (NEVs) totaled 796,000 units sold, an increase of 23.1% year-over-year. Overseas exports reached 735,000 units, soaring by 48.7% year-over-year, with the MG brand selling over 190,000 units in Europe.

Strategic Foundation: Multi-pronged Power Drives Sustained Leadership

Leveraging its “three engines”—self-owned brands, new energy vehicles, and overseas expansion—SAIC has solidified its leading position. The company plans to accelerate new product launches in the second half of the year and is poised to maintain its strong performance.