上汽集团：2月份销量同比大涨41.9% 产销持续回升向好

Core Viewpoint - SAIC Motor Corporation reported significant growth in vehicle sales for February, indicating a strong recovery in production and sales, particularly in the new energy vehicle and overseas markets [1] Group 1: Sales Performance - In February, SAIC sold 295,000 vehicles, a year-on-year increase of 41.9% and a month-on-month increase of 11.7% [1] - Cumulative sales for January and February reached 559,000 vehicles, up 23.5% year-on-year, with total deliveries at 659,000 vehicles [1] Group 2: New Energy Vehicles - SAIC's new energy vehicle sales in February were 86,000 units, reflecting a year-on-year growth of 41.3% and a month-on-month growth of 41.0% [1] - Cumulative sales of new energy vehicles for January and February reached 147,000 units, a year-on-year increase of 17.5% [1] - In overseas markets, SAIC sold 68,000 new energy vehicles in February, a year-on-year increase of 60% for cumulative sales of 27,000 units in January and February [1] Group 3: Domestic Market Performance - SAIC's passenger vehicle sales in February were 46,000 units, a year-on-year increase of 38.5%, with domestic market sales soaring by 114.7% [1] - Sales of SAIC Maxus reached 16,000 units, up 30.8% year-on-year, while SAIC-GM-Wuling sold 128,000 units, marking a year-on-year increase of 70.7% [1] Group 4: Joint Venture Brands - Joint venture brands showed signs of stabilization, with SAIC Volkswagen selling 63,000 units and SAIC-GM selling 32,000 units, the latter reflecting a year-on-year increase of 133.6% [1]