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SAIC Motor: Vehicle production in March decreased by 9.06% year-on-year, and sales decreased by 2.56%
SAIC Motor Corporation announcement: In March, total vehicle production was 355.3k units, down 9.06% year-on-year, and sales were 375.9k units, down 2.56% year-on-year. For the current year to date, cumulative production was 941.9k units, down 3.83% year-on-year, and cumulative sales were 972.7k units, up 2.95% year-on-year. Of these, in March new energy vehicle production was 104.3k units, down 16.18% year-on-year, and sales were 113.1k units, down 10.03% year-on-year. This month, export and overseas base sales were 121.3k units, with month-level year-on-year growth of 47.37%.