SAIC Motor Reports July Sales of 339,000 Units; NEV Sales Up 27.4% YoY for Jan–Jul

SAIC Motor sold 339,000 vehicles in July, bringing its cumulative sales for January–July to 2,384,000 units. Among these, its self-owned brands accounted for 1,725,000 units from January to July, up 13.6% year-on-year; new energy vehicle (NEV) sales totaled 973,000 units during the same period, an increase of 27.4% year-on-year; and overseas sales reached 876,000 units, surging 52.1% year-on-year.