SAIC Motor reported sales of 597,000 units for January-February 2026, a year-on-year increase of 6.8%, primarily driven by a 14% increase in sales of its own brands and a 48.9% surge in overseas sales.
SAIC Motor achieved a strong start in early 2026, with its own brands and overseas expansion being the main drivers, signaling the enhanced competitiveness of Chinese automakers in the global market. The continued success of its MG brand in Europe poses a challenge to traditional automotive giants and highlights a shift in consumer preference towards cost-effective, feature-rich vehicles, particularly in the electric vehicle segment.
SAIC Motor's wholesale sales for January-February 2026 were 597,000 units, a year-on-year increase of 6.8%.
Sales of own brands increased by 14% year-on-year to 401,000 units, accounting for 67.2% of total sales.
Overseas sales surged by 48.9% to 204,000 units, with the MG brand showing outstanding performance in the European market.
Overseas sales surged by 48.9% to 204,000 units, with the MG brand showing outstanding performance in the European market.
New energy vehicle sales increased by 6.4% year-on-year, with cumulative sales reaching 157,000 units.
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