SAIC Motor|Reports $6.63 Billion Profit in 2024 Half-Year Report

SAIC Motor announced its 2024 half-year report, achieving wholesale sales of 1.827 million units and terminal deliveries of 2.115 million units, maintaining its leading position in the domestic industry. The company delivered 524,000 new energy vehicles (NEVs), a 29.9% year-over-year increase, and 548,000 units to overseas markets, marking a 12.7% growth. SAIC recorded total consolidated revenue of RMB 284.69 billion and a net profit of RMB 6.63 billion during the reporting period, while continuing structural adjustments and promoting innovation.

Source: SAIC Motor (August 29, 2024, 16:05)


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