SAIC Motor has reported a robust start to 2026, posting strong growth in vehicle sales in January as the company continues to expand its presence in new energy vehicles (NEVs) and global markets. The Chinese automotive giant recorded 327,000 wholesale vehicle sales, marking a 23.9% year-on-year increase, while retail sales reached 363,000 units, leading the domestic automotive industry.
Self-Owned Brands Drive Growth
SAIC Motor’s self-owned brands played a key role in the company’s January performance, with sales reaching 214,000 units, up 39.6% year-on-year, accounting for 65.3% of total sales. SAIC Motor Passenger Vehicle sold 77,000 units, up 53.8%, while MAXUS recorded 18,000 units, and Wuling delivered 105,000 units, reflecting strong demand across multiple segments.
NEV Sales Surge Across Brands
New energy vehicles emerged as a major growth driver for SAIC Motor. The company sold 85,000 NEVs in January, representing a 39.7% year-on-year increase, ranking among the top in the industry. The IM brand reported a 66% increase in sales, supported by growing interest in the IM LS9 Hyper SUV, featuring advanced all-wheel steer-by-wire technology.
SAIC Motor Passenger Vehicle sold 28,000 NEVs, registering an exceptional 576.9% year-on-year growth, while MAXUS sold 4,000 NEVs, SAIC-GM delivered 6,000 NEVs, and Wuling sold 36,000 NEVs, driven by strong demand for the newly launched Starlight 560 SUV.
Accelerated Expansion in Overseas Markets
SAIC Motor also reported rapid growth in international markets, with 105,000 units sold overseas in January, a 51.7% year-on-year increase. MG continued its strong performance in Europe, delivering nearly 26,000 units, up 15% year-on-year, and maintaining its position as the top-selling Chinese self-owned brand in Europe for 11 consecutive years. MG also ranked second in monthly sales in the UK automotive market in December.
Strategic Focus on AI and Smart Mobility
SAIC Motor highlighted 2026 as a pivotal year as it deepens comprehensive reforms and advances its “More Than Auto” strategy. The company plans to leverage artificial intelligence and next-generation technologies in intelligent driving, smart cockpits, intelligent chassis, and solid-state batteries, reinforcing its long-term innovation roadmap.
With the start of China’s 15th Five-Year Plan (2026–2030), SAIC Motor aims to accelerate technological progress, enhance product competitiveness, and strengthen its global business footprint, positioning itself for sustained growth in the evolving automotive industry.
