SAIC MOTOR(SH:600104) Shang Hai Zheng Quan Bao·2025-07-01 18:53Core Insights - Shanghai Automotive Group Co., Ltd. reported its production and sales data for June 2025, showing mixed performance across different subsidiaries [1][2]. Group 1: Production Data - SAIC Volkswagen produced 90,283 vehicles in June 2025, a 5.51% increase compared to June 2024, but cumulative production decreased by 0.84% year-on-year to 515,493 units [1]. - SAIC General Motors saw a significant production increase of 57.18% year-on-year in June 2025, totaling 44,545 vehicles, with cumulative production rising by 26.95% to 263,364 units [1]. - SAIC Motor Passenger Vehicle Company produced 59,857 vehicles in June 2025, reflecting a 13.08% increase year-on-year, with cumulative production up by 12.85% to 368,568 units [1]. - SAIC-GM-Wuling produced 112,411 vehicles in June 2025, a slight increase of 1.54% year-on-year, while cumulative production surged by 38.73% to 795,977 units [1]. - SAIC Maxus produced 19,061 vehicles in June 2025, a 32.73% increase year-on-year, with cumulative production rising by 10.06% to 103,671 units [1]. Group 2: Sales Data - SAIC Volkswagen's sales in June 2025 reached 92,750 units, a 13.11% increase year-on-year, but cumulative sales decreased by 3.89% to 492,145 units [1]. - SAIC General Motors achieved a remarkable sales increase of 80.63% year-on-year in June 2025, totaling 47,001 units, with cumulative sales up by 8.64% to 245,067 units [1]. - SAIC Motor Passenger Vehicle Company sold 63,058 vehicles in June 2025, a 15.54% increase year-on-year, with cumulative sales increasing by 9.82% to 367,715 units [1]. - SAIC-GM-Wuling's sales reached 126,813 units in June 2025, an 18.52% increase year-on-year, while cumulative sales rose by 32.15% to 753,276 units [1]. - SAIC Maxus sold 19,714 vehicles in June 2025, a 31.25% increase year-on-year, with cumulative sales increasing by 11.21% to 107,069 units [1].