上汽集团1-10月累计销售364.7万辆 同比增长19.5%

Core Insights - SAIC Motor Corporation reported a strong sales performance in October, with total vehicle sales reaching 454,000 units, a year-on-year increase of 13%, marking ten consecutive months of growth [1] - The company's cumulative vehicle sales from January to October reached 3.647 million units, up 19.5% year-on-year, maintaining its leadership in the domestic automotive industry [1] Domestic Brand Performance - Sales of SAIC's own brands surged, with October sales hitting 306,000 units, a 22% increase year-on-year, and cumulative sales for the first ten months reaching 2.35 million units, up 28.3% [1] - The share of SAIC's own brands in total sales rose to 64.4%, an increase of 4.4 percentage points compared to the same period last year [1] - Passenger vehicle sales in October reached 93,000 units, a 25.1% increase, with significant growth in the domestic market [1] New Energy Vehicle Sales - SAIC's new energy vehicle sales reached a record high of 207,000 units in October, a 31.6% year-on-year increase, with cumulative sales for the year reaching 1.29 million units, up 42.5% [2] - The sales of the new generation Zhiji LS6 have been particularly strong, contributing to the popularity of SAIC's new energy offerings [2] - Other notable performances include SAIC Passenger Cars selling 37,000 new energy vehicles in October, a 154.6% increase, and SAIC-GM-Wuling selling 123,000 new energy vehicles, up 21% [2] Overseas Market Performance - SAIC's overseas sales in October reached 97,000 units, with cumulative sales for the first ten months at 862,000 units, reflecting a year-on-year growth of 2.2% [3] - The MG brand has become the best-selling Chinese brand in Europe, with cumulative deliveries reaching 250,000 units, a growth of over 20% [3] - Significant growth was observed in various European markets, including a 62.7% increase in the UK and a 54.1% increase in France [3]