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SAIC Motor’s July Sales Rose for Third Straight Month

SAIC Motor’s July Sales Rose for Third Straight MonthSAIC Motor’s sales were up 4 percent year on year in July, marking the third month in a row that China’s biggest automaker saw growth despite the challenges posed by the Covid-19 pandemic.

SAIC sold 457,558 vehicles in July, according to data released by the Shanghai-based firm today.

One of its joint ventures with the US’ General Motors spearheaded the gains, with SAIC-GM-Wuling shifting 130,000 autos, almost 20 percent more than the same period last year. Its JV with Germany’s Volkswagen, however, saw sales drop 7.6 percent to 134,000 vehicles.

Production was cranked up by 23 percent in July from the same period last year, with the automaker churning out 474,581 units that month.

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