SAIC Motor, a leading automotive manufacturer, reported a 7.86% year-on-year increase in its auto sales for the month of January 2025. The company sold a total of 264,166 units during the month, with 61,098 of those units being new energy vehicles (NEVs). While the NEV sales saw a slight decrease of 5.04% compared to the previous year, overall sales numbers were positive.
In terms of exports and overseas market sales, SAIC Motor recorded a volume of 68,916 vehicles in January, marking a 7.39% growth from the same period last year. This indicates a strong performance in international markets for the company.
Breaking down the sales figures by subsidiaries, SAIC Volkswagen saw a decrease of 20.94% in sales, selling 75,150 vehicles in January. SAIC-GM also experienced a 6.55% year-on-year dip with 33,641 units sold. SAIC Motor Passenger Vehicle Company and IM Motors also reported slight decreases in sales, while SAIC-GM-Wuling saw a significant increase of 120% with 77,000 vehicles sold.
In terms of partnerships and collaborations, SAIC Motor signed a strategic cooperation agreement with Beijing Institute of Technology (BIT) on January 19. The agreement aims to drive innovation in electrification, intelligence, and automation by leveraging SAIC Motor’s expertise in vehicle development and manufacturing, along with BIT’s strengths in technology research and talent cultivation.
Additionally, SAIC Motor partnered with CATL on January 10 to enhance collaboration in various areas such as technology development, aftermarket services, overseas expansion, and battery-swapping innovations. This strategic collaboration is expected to bring about advancements in the automotive industry.
Overall, SAIC Motor’s strong performance in auto sales, coupled with strategic partnerships and collaborations, positions the company for continued growth and innovation in the global automotive market.
