SAIC Motor Corp LtdSAIC Volkswagen and SAIC General Motors both report significant declines in July sales, dragging down group performance.

SAIC Motor released its July 2026 production and sales report, showing that both SAIC Volkswagen and SAIC General Motors saw declines in production and sales, dragging down the group's overall performance. In July, SAIC Volkswagen sold 46,000 vehicles, a drop of 33,584 units from 79,584 in the same month last year, down 42.20 percent year-on-year, while production fell 54.67 percent to 36,541 units. SAIC General Motors sold 34,773 vehicles in July, down 7,479 units from 42,252 a year earlier, a year-on-year decline of 17.7 percent, with production down 12.34 percent to 32,458 units. For the first seven months of this year, SAIC General Motors' cumulative sales reached 265,927 vehicles, down 7.45 percent year-on-year, while SAIC Volkswagen's sales fell 32.73 percent.
SAIC Motor Corp LtdSAIC Volkswagen and SAIC General Motors both report significant declines in July sales, dragging down group performance.