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Between January and July, SAIC Motor's wholesale volume grew to 2,390,122 units, up 15% from the prior-year period, while retail sales reached 2.567 million units, reflecting a healthier balance between production, inventory, and sell-through.
Home-grown marques were the star performers. In July, they moved 214,000 vehicles, a 39.4% year-on-year jump, lifting year-to-date sales to 1.518 million units—up 23.3% over a year earlier and accounting for 63.5% of group volume, 4.3 percentage points higher than a year ago.
SAIC MOTOR Passenger Vehicle sold 59,934 units last month, a 19.2% rise from a year ago. SAIC MAXUS added 17,368 units, up 21.1% over a year earlier, while SAIC-GM-Wuling sold 120,841 units, a 59% year-on-year leap.
The pipeline remains busy. Upcoming launches include the Roewe M7 DMH, the all-new MG4, the new-generation IM LS6 and range-extended LS9, plus the SAIC H5—the first jointly developed model with Huawei.
New-energy vehicles (NEVs) continued to outpace the broader market: the group's July NEV sales hit 117,260 units, up 64.9% year on year, pushing the Jan.-Jul. tally to 763,557 units—a year-on-year hike of 43.49%.
Highlights included IM Motors with nearly 6,000 NEVs sold last month, a 39% year-on-year rise; SAIC MOTOR Passenger Vehicle's 15,000 NEVs, double last year's level; more than 4,400 NEVs from SAIC MAXUS, up 40.3% over the previous year; 8,000 NEVs at SAIC-GM, up 54.7% from the year-ago period; and 72,000-unit performance from SAIC-GM-Wuling, also doubling the year-ago level.
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