Hua Xia Shi Bao·2025-10-10 12:30Core Insights - Traditional automakers have shown strong performance in September, with all but BYD reporting sales growth, driven by advancements in new energy vehicles and overseas markets [2][3] - SAIC Motor regained the top position in sales, followed by BYD, with Chery surpassing Geely to take the fourth spot [2][3] Sales Performance - SAIC Motor achieved a wholesale sales figure of 440,000 units in September, marking a 40.4% year-on-year increase and a 21% month-on-month increase, leading the industry [4][5] - BYD's sales in September were 396,000 units, down 5.5% year-on-year, primarily due to a decline in plug-in hybrid vehicle sales [4][5] - China FAW sold 302,000 units in September, up 6.3% year-on-year, with significant growth in its self-owned and new energy vehicle segments [6] - Chery sold 280,000 units in September, a 14.7% increase, with new energy vehicle sales rising by 55.4% [6][7] - Geely's September sales reached 273,000 units, a 35% increase, with new energy vehicle sales hitting a record high of 165,000 units, up 81% [7][8] Cumulative Sales - For the first nine months, SAIC Motor's cumulative sales were 3.193 million units, a 20.5% increase, while BYD's cumulative sales were 3.26 million units, an 18.6% increase [5][8] - China FAW's cumulative sales reached 2.383 million units, up 5.6%, with significant growth in its self-owned brands [6] - Chery's cumulative sales were 2.008 million units, a 14.5% increase, with new energy vehicle sales contributing significantly [9] Strategic Developments - Geely announced a share repurchase plan of up to HKD 2.3 billion, reflecting confidence in its long-term prospects [8][9] - Chery plans to launch 39 hybrid models globally by 2025, aiming to enhance its presence in the hybrid vehicle market [9] - Long-term strategies for companies like Great Wall Motors focus on sustainable development and enhancing product offerings in smart new energy vehicles [11]