SAIC MOTOR(SH:600104) Zheng Quan Shi Bao Wang·2025-09-01 09:19Core Insights - SAIC Motor Corporation reported a significant increase in vehicle sales for August, with total sales reaching 363,000 units, marking a year-on-year growth of 41% and a month-on-month increase of 7.7% [1] - The cumulative vehicle sales from January to August reached 2.753 million units, representing a year-on-year growth of 17.9% [1] - The company has seen a continuous improvement in its production and sales structure, driven by reforms and innovation in its self-owned brands, new energy vehicles, and overseas markets [1] Sales Performance - In August, SAIC's self-owned brand sales reached 232,000 units, a year-on-year increase of 49.5%, with a cumulative total of 1.75 million units sold from January to August, up 26.3% [2] - The self-owned brands accounted for 63.6% of total sales, an increase of 9.7 percentage points compared to the same period last year [2] - Notable models such as the new generation IM LS6 and the all-new MG4 have received strong pre-sale orders, indicating potential for continued sales growth [2] New Energy Vehicle Sales - In August, SAIC sold 130,000 new energy vehicles, reflecting a year-on-year growth of 49.9% and a month-on-month increase of 10.7% [3] - Cumulatively, 893,000 new energy vehicles were sold from January to August, representing a year-on-year increase of 44.4% [3] - The sales of new energy vehicles from various divisions, including SAIC Passenger Cars and SAIC-GM-Wuling, showed substantial growth, with some divisions experiencing increases of over 200% [3] Overseas Market Performance - SAIC's overseas sales reached 88,000 units in August, a year-on-year increase of 10.5%, with a cumulative total of 664,000 units sold from January to August, up 2.3% [3] - The MG brand has become the best-selling Chinese brand in the European market, with significant sales growth in countries like Norway, Spain, and the Czech Republic [3]