In the first three quarters, SAIC’s cumulative wholesale vehicle sales reached 3.193 million units, up 20.5% year on year, while retail deliveries totaled 3.378 million units.
On October 30, SAIC Motor released its financial report for Q3 2025.
The data showed that the company achieved significant growth in both revenue and profit.
In the third quarter, SAIC shipped 1.141 million vehicles, a year-on-year increase of 38.7%. Revenue climbed 16.2% to RMB 169.4 billion ($23.7 billion), while net profit attributable to shareholders reached RMB 2.08 billion ($290 million), up 644.9% from a year earlier.
In the first nine months of 2025, cumulative wholesale volume hit 3.193 million units, up 20.5% year on year, with retail deliveries totaling 3.378 million units. Total revenue rose 9% to RMB 468.99 billion ($65.7 billion).
Net profit for the period was RMB 8.1 billion ($1.13 billion), up 17.3%, while non-recurring net profit soared nearly sixfold to RMB 7.12 billion ($1 billion). Operating cash flow surged 70.9% to RMB 31.94 billion ($4.47 billion).
Profit growth was largely driven by three pillars — self-owned brands, new energy vehicles (NEVs), and overseas markets.
In the first three quarters, SAIC’s self-owned brands sold 2.044 million vehicles, up 29.2% year on year, accounting for 64% of total sales — a 4.3 percentage-point increase from last year. SAIC Motor Passenger Vehicle Co. delivered 596,000 units, a 23.8% rise, with domestic sales nearly doubling.
The company’s NEV lineup maintained strong momentum. Cumulative NEV sales reached 1.083 million units, up 44.8% YoY. In September alone, SAIC sold a record 190,000 NEVs.
Overseas sales also continued to expand. SAIC delivered 765,000 vehicles abroad in the first three quarters, up 3.5%, with NEV exports jumping nearly 70% to 215,000 units.
The MG brand stood out in Europe, delivering over 226,000 units in the same period, maintaining its lead among Chinese brands in overseas markets.
New product launches have further boosted performance. Recent debuts such as the IM LS6, all-new MG4, Roewe M7 DMH, Shangjie H5, and Buick Electra L7 have strengthened SAIC’s presence in the mid-to-high-end and NEV segments.
SAIC continues to deepen its investment in electrification and intelligent mobility, with cumulative spending exceeding RMB 150 billion ($21 billion).
The company now holds about 26,000 active patents spanning pure electric, hybrid, and hydrogen platforms, as well as full-stack solutions for batteries, electric drives, and intelligent vehicle systems.
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