SAIC Motor Sales Rise 6.8% in Jan–Feb 2026, NEV and Overseas Growth Drive Momentum

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Representational image. Credit: Canva

Chinese automaker SAIC Motor reported a 6.8 percent year-on-year increase in vehicle sales during the first two months of 2026, with total deliveries reaching nearly 600,000 units.

According to the company’s latest sales data released on March 4, SAIC Motor recorded wholesale sales of about 269,000 vehicles in February. Combined sales for January and February stood at around 597,000 units, reflecting steady growth and reinforcing the company’s strong market presence.

The growth was largely driven by the strong performance of SAIC Motor’s self-owned brands. Sales from these brands reached 401,000 units during the two-month period, marking a 14 percent increase year-on-year and accounting for 67.2 percent of the group’s total sales. Within this segment, SAIC Motor Passenger Vehicle recorded sales of 139,000 units, surging 44.8 percent compared with the same period last year. Commercial vehicle brand Maxus delivered 33,000 vehicles, while SAIC-GM-Wuling contributed 206,000 units, maintaining stable growth momentum.

The company also reported steady growth in its new energy vehicle (NEV) segment. SAIC Motor sold around 157,000 NEVs in January and February, registering a 6.4 percent year-on-year increase. Premium EV brand IM Motors posted a strong 69.4 percent sales surge during the period, with cumulative deliveries of the IM LS6 surpassing the milestone of 100,000 units.

Meanwhile, SAIC Motor Passenger Vehicle sold 50,000 NEVs during the two months, reflecting a significant 334.7 percent year-on-year jump. The MG4 also continued its strong performance, recording monthly sales exceeding 10,000 units for five consecutive months. NEV sales from SAIC-GM reached about 9,000 units, growing over 216 percent year-on-year, while SAIC-GM-Wuling delivered approximately 70,000 electric vehicles.

Overseas markets emerged as another major growth driver for the automaker. SAIC Motor reported a 48.9 percent year-on-year surge in international sales, with 204,000 vehicles sold overseas in the first two months of 2026. The MG brand maintained its position as the best-selling Chinese car brand in Europe for the 11th consecutive year, with 49,000 units sold in the region during January and February.

Looking ahead, SAIC Motor plans to accelerate new model launches in the first half of 2026. The upcoming lineup will include models such as the ROEWE i6, IM LS9 Hyper, IM LS8, SAIC Volkswagen ID.ERA 9X, and SAIC Audi E7X, among others. The company expects this expanded product portfolio to strengthen its market presence and support future growth.

SAIC Motor said its continued focus on innovation, new energy mobility, and global expansion is expected to further enhance its competitiveness and drive the next phase of development.

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