Top Chinese automaker SAIC Motor Corp saw July vehicle sales fall 2.97 percent from a year ago, amid a slowdown in the world’s largest auto market, Reuters reported Friday.

SAIC, the China partner of General Motors and Volkswagen, sold 270,439 vehicles in July, down from 278,730 units a year earlier and 317,682 in June, it said in a stock exchange filing on Friday.

However, total sales so far this year remain up 10.8 percent from a year ago, the firm said. In the first half, SAIC sold more than 2 million vehicles, up 13 percent year on year. The company has said it aims to sell 4 million units for the full year. Via: ChinaDaily.

Recommended for you

SAIC MG unveils 2026 MG7 with AI cockpit and ADAS, starting at 16,700 USD

Global automaker market value rankings reshuffle in 2025 as Xiaomi and BYD hold top four and Porsche exits top ten

CATL and SAIC join solid-state electrolyte project in Beijing, backed by multiple automakers