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    SAIC MOTOR

    SAIC Motor sold 381,000 vehicles in March, up 8.4 percent year-on-year

    SAIC Motor’s production and sales report for March reveals a robust performance. The wholesale sales of vehicles reached 381,000 units, up 8.4 percent year-on-year, maintaining its industry-leading position. SAIC Motor’s self-owned brands, new energy vehicles (NEVs), and overseas markets played a pivotal role in driving this growth. Sales of its self-owned brands reached 227,000 units, accounting for 59.5 percent of the company's total sales, while NEV sales reached 85,000 units, marking an increase both year-on-year and month-on-month. The company's overseas sales also continued to lead the pack, totaling 105,000 units.

    Sales of new energy vehicles increase year-on-year and month-on-month. In March of this year, sales of new energy vehicles of SAIC Motor reached 85,000 units, up 30 percent year-on-year and 39.1 percent month-on-month, a runner-up among Chinese carmakers. Sales of IM MOTORS increased by 49.5 percent year-on-year. At the same time, the IM L6 series, equipped with game-changing technologies such as the Lingxi intelligent digital chassis and the Lightyear solid-state battery, is ready to hit the market. Sales of new energy vehicles of SAIC Passenger Vehicle exceeded 26,000 units, with Roewe NEV sales up 57.7 percent year-on-year driven by the Roewe D7 DMH. Sales of the world’s first open-top electric sports car, MG Cyberster, remained in the top 3 position among its counterparts. SAIC Volkswagen ID.3 showed strong resilience, propelling the monthly sales of ID. series. The series will exceed 10,000 units, marking a 30 percent year-on-year increase. SAIC General Motors delivered nearly 10,000 NEVs, up 49.8 percent year-on-year. SAIC-GM-Wuling sold 42,000 NEVs, up 42 percent year-on-year. Sales of the super A-class sedan Wuling Starlight reached 11,000 units, while Wuling Bingo sold nearly 13,000 units.

    Monthly sales overseas exceeded 100,000. In March, SAIC Motor’s overseas sales reached 105,000 units, up 8.8 percent year-on-year, continuing to lead the Chinese carmakers. The MG brand continued its impressive performance in the European market, with monthly sales exceeding 20,000 units and maintaining a year-on-year growth. The world’s first open-top electric sports car, MG Cyberster, recently won three prestigious design awards: the German Red Dot Award: Product Design, the German iF Design Award, and the Japanese G-Mark Good Design Award, setting a new record in the Chinese automotive industry.

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