SAIC Motor, a Chinese state-owned automaker, has seen a 5.2% increase in global revenues to CNY 299.6 billion (US$ 42 billion) in the first half of 2025. This growth is attributed to a 12.4% year-on-year rise in global vehicle deliveries to 2.053 million units.
The company reported a net profit attributable to shareholders of CNY 6.02 billion, with adjusted net profit surging fivefold year-on-year to CNY 5.43 billion. Operating cashflow also increased significantly by 86% to just over CNY 21 billion during this period.
SAIC Motor credits its strong performance to recent structural reforms within the company and improved domestic market conditions. Sales have been on the rise, particularly for its in-house brands, which saw a 21% increase to 1.3 million units, accounting for nearly two-thirds of total deliveries. Sales of new energy vehicles (NEVs) also surged by 40% to 646,000 units.
Overseas sales, however, only saw a modest 1.3% increase to 494,000 units. The MG brand, owned by SAIC Motor, performed well in Europe with a 16% increase in sales to 153,000 units.
SAIC Motor has been focusing on internal restructuring, integrating its passenger and commercial vehicle brands to improve efficiency. Costs have been reduced, and product development cycles have been shortened to just 18 months, thanks to the implementation of Huawei Technologies’ IPD and IPMS systems.
The company has further strengthened its partnership with Huawei, launching the jointly-owned Shangjie brand earlier this year. Their first jointly-developed model is scheduled to be launched in September, showcasing the collaborative efforts between the two companies.
In conclusion, SAIC Motor’s performance in the first half of 2025 reflects a combination of strategic reforms, increased sales of in-house brands, and a focus on innovation through partnerships like the one with Huawei. The company continues to position itself as a key player in the global automotive industry, with a strong emphasis on sustainability and technological advancement.
