SAIC will sell 5.02 million vehicles in 2023, ranking first in China for 18 consecutive years

(January 3, 2024, Shanghai) In 2023,SAICThe company sold 5.02 million complete vehicles, ranking first in the country for 18 consecutive years; among them, the sales of complete vehicles in the four quarters were 89, 1.18, 1.31, and 1.64 million units respectively, achieving "continuous growth quarter-on-quarter", with a steady and rising momentum. Enhance. Especially in terms of new energy vehicles and overseas sales, after the company took the lead in reaching the "double million vehicles" level in 2022, it will hit a new record high in 2023: new energy vehicles sold 1.123 million vehicles throughout the year, a year-on-year increase of 4.6%, and sales Ranked second among domestic car companies; overseas sales for the whole year reached 1.208 million units, a year-on-year increase of 18.8%, ranking first in the domestic industry for the eighth consecutive year, helping my country's automobile export volume catch up with Japan and become the first in the world.

Production and sales structure continues to be optimized

In 2023, with the release of a series of blockbuster new cars, SAIC's own brands will continue to make progress, and the joint venture's transformation will bear fruit. The company's self-owned brand sales reached 2.775 million vehicles throughout the year, accounting for more than 55% of the group's sales, an increase of 2.5 percentage points from 2022; at the same time, the company actively optimizes the production and sales structure, strives to increase the sales proportion of mid-to-high-end products, and continuously consolidates the quality of operations. Sales revenue has increased steadily compared with 2022, and the resilience of economic operations has been further enhanced.

Running faster on the new track

In 2023, SAIC officially released a three-year action plan for the development of new energy vehicles, pressing the accelerator button for transformation into a new track.In terms of independent brands,Zhiji Automobile sold 38,300 units throughout the year, a year-on-year increase of 665%. In December, sales reached a new level of over 10,000 units. Zhiji LS6 has won the domestic sales champion of medium and large pure electric SUVs for many consecutive weeks, and has established a firm foothold in the high-end market; SAIC Motor Passenger cars (including overseas bases) sold 358,000 new energy vehicles, a year-on-year increase of 43.5%; SAIC-GM-Wuling (including overseas bases) sold 459,000 new energy vehicles, and Wuling Bingo sales exceeded 30,000 units for two consecutive months. Become the new sales manager.In terms of joint venture brands,SAIC-Volkswagen and SAIC-GM maintain the lead in the joint venture new energy camp. SAIC-Volkswagen sold more than 130,000 new energy vehicles throughout the year, a year-on-year increase of 32.1%. Sales in December exceeded 20,000 vehicles for the first time, and the ID.3 became a joint venture pure electric model. The "new hot model" helped the ID. family sell more than 10,000 vehicles for six consecutive months; SAIC-GM sold 100,000 new energy vehicles throughout the year, doubling year-on-year, and Buick Weilan's single-month sales exceeded 10,000.

Leading the way in overseas markets

In 2023, SAIC's overseas sales will reach 1.208 million vehicles, a year-on-year increase of 18.8%, leading Chinese automobile companies for eight consecutive years; among them, self-owned brand sales account for nearly 92%, and new energy vehicle sales account for nearly 24%. MG4 EV, "SAIC's first global car" based on Nebula's exclusive series platform, has been launched in more than 80 countries on six continents, and has successfully won more than 30 authoritative overseas awards including the "Car of the Year Grand Slam" in the UK, France, Germany and Australia. In 2023, the sales volume of MG4 EV in Europe will exceed 100,000 units, becoming the "compact pure electric vehicle sales champion". Europe has also become SAIC's first "200,000 unit level" overseas regional market. Next, SAIC will launch 14 new smart electric "global cars" in overseas markets to further strengthen its overseas product lineup and achieve "full coverage" of mainstream market segments.

SAIC Motor will adhere to the user-centered approach, focus on the new track of electric intelligence, accelerate the formation and continuous expansion of new productive forces, lead the transformation and upgrading of the industry, and strive to make greater contributions to the construction of China's automotive power and the high-quality development of Shanghai's economy.