SAIC Motor Corporation Limited has announced its 2024 annual report alongside the first-quarter report for 2025. During 2024, the company reported a total operating revenue of 627.59 billion yuan, accompanied by a net profit of 16.7 billion yuan. This year, SAIC sold 4.013 million vehicles wholesale and 4.639 million vehicles through retail channels, delivered 1.368 million new energy vehicles, and exported 1.082 million vehicles. For the first quarter of 2025, SAIC achieved vehicle sales of 945,000 units, marking a 13.3% increase year-on-year. Revenue for the quarter stood at 140.86 billion yuan, with a net profit of 3.02 billion yuan, reflecting an 11.4% year-on-year growth.
