SAIC Motor releases first quarter report

SAIC Motor's first quarter report for 2024 shows that the company has actively responded to adverse effects such as the escalation of industry price wars, and its main economic indicators have been stable and improved. In the first quarter, the company's terminal deliveries reached 1.132 million vehicles, a year-on-year increase of 9.3%, and the domestic sales of new energy vehicles reached 168,000 vehicles, a year-on-year increase of 117.5%.