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上汽通用2024年净亏损267亿元 产能利用率仅22%
Xi Niu Cai Jing· 2025-05-19 08:20
Core Viewpoint - SAIC Group's 2024 performance report highlights significant financial struggles for its joint venture, SAIC General Motors, with a dramatic decline in revenue and substantial net losses [2][3]. Financial Performance - SAIC General Motors reported an operating revenue of 68.74 billion yuan in 2024, a year-on-year decrease of approximately 52.68% [3]. - The net loss for SAIC General Motors reached 26.688 billion yuan, indicating severe financial distress [3]. - As of the end of 2024, total assets for SAIC General Motors were 51.827 billion yuan, down about 41% year-on-year, with net assets at -10.191 billion yuan, reflecting insolvency [3]. Production and Sales - In 2024, SAIC General Motors' sales volume was 435,000 units, a significant decline of 56.54% compared to the previous year, marking a steep drop from over 2 million units sold in 2017 [4]. - The production capacity for SAIC General Motors was 1.908 million units, but only 422,000 units were produced, resulting in a capacity utilization rate of just 22% [4]. - Despite a recovery in overall sales for SAIC Group in early 2025, SAIC General Motors continued to face challenges, with sales in the first four months down 6.27% year-on-year [4]. Strategic Shifts - SAIC General Motors is shifting its strategy from "volume-driven" to "balance between volume and profit," focusing more on improving profitability [5]. - The company is actively transforming in the new energy sector, with plans to launch multiple new energy vehicles, including hybrid and electric models, aiming for over 50% of sales from new energy vehicles by 2026 [6]. - The introduction of the Buick "至境" brand and Cadillac's new electric models indicates a strategic pivot towards capturing the growing new energy vehicle market [6].