Shulou(Shulou.com)11/24 Report--

SAIC today released its third quarter report for 2023. In the first three quarters of this year, SAIC sold 3.377 million vehicles and continued to take the lead in the industry; at the same time, through the continuous optimization of the sales structure, the total operating income reached 523.34 billion yuan, basically the same as the same period last year, and the home net profit reached 11.41 billion yuan. The main economic indicators continue to rise quarter by quarter.

Sales volume, revenue and profits have all achieved "quarter-on-quarter growth".

The new track, come on, run. From January to September, the terminal delivery volume of SAIC new energy vehicles reached 683000, an increase of 18.2% over the same period last year. The sales volume ranks second among Chinese car companies. In September, the monthly sales of new energy vehicles exceeded the 100, 000 mark. SAIC's cumulative wholesale sales in overseas markets reached 838000 vehicles, an increase of 21.8% over the same period last year, continuing to take the lead among Chinese auto companies, of which MG4 EV sold a total of 54000 vehicles in developed countries in Europe, successfully winning the "European pure electric compact car sales champion".

The relay went up in the fourth quarter. " Since the "Golden Nine and Silver Ten", the pace of recovery of the domestic automobile market has been further accelerated, and the overall market is expected to achieve double-digit growth in the fourth quarter. " Zhiji LS6, which has been on the market for a week, will begin centralized delivery in November. Roewe D7 and Wuling Xingguang, which have outstanding product power and fashion potential, are about to appear on the market. Wuling colorful fruit electric vehicles are sprinting to the top position in the market segment, with SAIC-Volkswagen ID ordering more than 20,000 vehicles a month. With the accelerated delivery of family products, SAIC GM Buick ELECTRA E5 and Micro Blue 6's latest modified models "burst into the market". With the concentrated efforts of a series of blockbuster products from independent and joint venture brands, SAIC will strive to achieve better operating performance in the fourth quarter.

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