Among large state-owned enterprises, SAIC is undoubtedly one of the automobile groups with strong comprehensive strength. Whether it is its joint venture brand or SAIC Passenger Vehicle, it has excellent sales performance on the market. Recently, SAIC Group released its third-quarter financial statements, which attracted high attention from the industry. Today, the editor will explain it.
SAIC's third quarter revenue was 211.42 billion yuan, and the group's sales achieved rapid growth
Data shows that in the third quarter of this year, SAIC achieved total operating revenue of 211.42 billion yuan and net profit of 5.74 billion yuan. Judging from the data, revenue and profit have significantly improved compared with the first two quarters. So, how did it do it?
The growth of SAIC Group's operating income and profit in the third quarter of this year is first attributed to the rapid growth in sales. Official data shows that SAIC Group sold a total of 1.536 million new cars in the third quarter, and increased by more than 16% year-on-year.
is not good in the overall auto market. Compared with other state-owned automobile enterprises horizontally, SAIC's performance is relatively good.
joint venture brand new products continue to provide momentum for sales growth
In the field of joint venture brand, SAIC Group has undoubtedly operated relatively successfully. First of all, SAIC Volkswagen . For a long time, the market performance has been a model for the domestic joint venture . In the third quarter of this year, SAIC Volkswagen did not achieve rapid growth. However, its Lavida , Lingdu L, Toon and Tiguan L are also the first-tier performance in the segmented market. Especially Lavida, in the A-class sedan market, has high user recognition.
At the same time, SAIC Volkswagen has also accelerated the launch of new products. Its Skoda brand has launched a brand new model Kodiak , which has attracted the attention of many urban SUV users. Volkswagen brand has laid out more new energy stores, allowing more consumers to experience its ID series models.
SAIC-GM is also a large-scale joint venture. Official data shows that in the third quarter of this year, SAIC-GM sold 630,000 new cars. Buick Auto, a subsidiary of
, is a brand that Chinese consumers love. According to the released data, the number of new cars sold by Buick in the third quarter was about 185,000. Among them, Buick GL8, Yinglang and Encore PLUS are the main sales force at present. In their respective market segments, they have achieved good sales results. Especially the Buick GL8, in the field of medium and large MPVs, is a benchmark model.
Not long ago, in order to gain more recognition from young consumers, Buick also renewed the car logo, which looks simpler. Buick High Yang has launched a new car model, which is also full of youthful style from the perspective of design.
SAIC Passenger Cars are moving against the trend, and the sales proportion remains above 50%
In recent years, SAIC's independent brands have been in a rising trend on the market. Official data shows that in the third quarter of this year, SAIC's independent brand sales exceeded 794,000 units. The MG brand under
has been released this year, and it can be said that it is quite intensive. For example, MG 5 has become the choice of many young people with its dynamic appearance design and affordable price.
The pure electric car MULAN, which was launched not long ago, adopts the shape of hatchback and is equipped with a dual motor system, which accelerates from stationary to 100 kilometers per hour, and can be achieved in less than 4 seconds. Judging from its performance and strength, it demonstrates SAIC Group's excellent motor technology. At the same time, the price is not high, and it has attracted the attention of some consumers who are tight on budgets but love high-performance cars.
Another major brand - SAIC Roewe, continues to make efforts in the high-end field. Not long ago, it launched the pure electric version of iMAX8. In the field of medium and large new energy MPVs, from the perspective of cost-effectiveness, it has excellent competitiveness. Its ace model - Roewe RX5, continues to maintain a steady trend in terms of sales. Currently, the RX5 family has a variety of models that can meet the needs of different consumers.
In the overseas market, SAIC Group is undoubtedly a good company in China. Officials said that in the third quarter of this year, a total of 307,000 new cars were sold overseas. Judging from the data, SAIC Group's export business is eye-catching.
National Automobile Car: Judging from the third quarter financial data released by SAIC Group, the performance is undoubtedly worthy of recognition. From the perspective of operating income and profit, compared with the first two quarters, it achieved higher month-on-month growth. At the same time, it is worth mentioning that in the face of the new energy vehicle market with penetration rate , SAIC Group also has excellent sales performance. According to financial statements, in the third quarter of this year, SAIC Group's new energy vehicle sales reached 306,000 units. In addition, a series of high-end cars have been launched, such as the coupe pure electric SUV- Feifan R7, the sedan Zhiji L7 and the mid-to-large pure electric SUV Ruige of the Cadillac . Let's wait and see what kind of revenue and profit performance will SAIC Group achieve in the fourth quarter of this year.
