Tag: Profit
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SAIC Weekly｜SAIC Releases 2024 Half-Year Report, Profits Reach $6.63 Billion / SAIC Group Sells 619,000 New Energy Vehicles from January to August
SAIC (Shanghai Automotive) reported a profit of $6.63 billion for the first half of 2024 and sold 619,000 new energy vehicles from January to August. According to the half-year report released on August 29, the company wholesaled 1.827 million vehicles and delivered 2.115 million vehicles to terminals in the first half of the year. Additionally,…
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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…