SAIC Motor April Sales Drop 12.66% Amid Mixed Brand Performance

SAIC Motor reported April sales of 328,841 vehicles, down 12.66% year-over-year (YoY). Its cumulative sales from January to April totaled 1,301,589 units, a 1.50% YoY decline. Among its major subsidiaries: - SAIC Volkswagen sold 40,000 vehicles in April, down 51.53% YoY; cumulative sales for January–April reached 229,940 units, down 25.99% YoY. - SAIC General Motors sold 34,793 vehicles in April, down 17.30% YoY; cumulative sales for January–April totaled 156,099 units, up 3.33% YoY. - SAIC-GM-Wuling sold 104,488 vehicles in April, down 30.80% YoY; cumulative sales for January–April reached 432,207 units, down 14.24% YoY. - SAIC Motor Passenger Vehicle sold 103,709 vehicles in April, up 52.68% YoY; cumulative sales for January–April totaled 333,672 units, up 44.01% YoY. - IM Motors sold 10,016 vehicles in April, up 201.14% YoY; cumulative sales for January–April reached 23,867 units, up 130.35% YoY.