
Core Insights - In the first half of 2025, eight major automotive groups reported a total sales volume of 11.18 million vehicles, all achieving year-on-year growth [1][2] - BYD maintained its leading position with over 2.14 million units sold, followed closely by SAIC Motor with over 2.05 million units [1][3] - Geely adjusted its annual sales target upward by 11% after achieving a 47% completion rate in the first half [1][6] Group Performance - BYD: Sold 2.146 million vehicles, a 33% increase year-on-year, with overseas sales reaching 472,000 units, up 132% [3][4] - SAIC Motor: Achieved sales of 2.053 million vehicles, a 12.4% increase, with a retail delivery of 2.207 million units [4][5] - China FAW: Reported sales of 1.57 million vehicles, a 6.1% increase, with a 46% target completion rate [6][10] - Geely: Sold 1.409 million vehicles, a 47% increase, with a significant rise in new energy vehicle sales [6][7] - Changan: Achieved sales of 1.355 million vehicles, marking a historical high, with new energy vehicle sales growing by 48.8% [8][9] - Chery: Sold 1.26 million vehicles, a 14.5% increase, with a strong export performance [9][10] - BAIC Group: Reported sales of 817,000 vehicles, a 6% increase, with a notable growth in its own brand sales [10] - Great Wall Motors: Achieved sales of 570,000 vehicles, a slight increase of 1.8%, but faced a decline in overseas sales [10] Target Achievement Rates - Geely: Highest target completion rate at 47% after adjusting its annual target [6][7] - China FAW and SAIC Motor: Both achieved a target completion rate of 46% [1][6] - Changan: Completed 45% of its sales target [1][8] - Chery: Achieved a target completion rate of 40% [1][9] - BYD: Completed 39% of its annual target [1][3]