SAIC Motor car production, sales up in July

Source: Xinhua| 2020-08-06 17:24:04|Editor: huaxia

BEIJING, Aug. 6 (Xinhua) -- Major Chinese automaker SAIC Motor Corporation Limited on Thursday reported growth in production and sales in July.

The Shanghai-based company manufactured 474,581 cars last month, up 23 percent year on year. Its sales in July climbed 4 percent year on year to 457,558 units.

In the January-July period, SAIC Motor manufactured 2.47 million cars, down 23.92 percent year on year. Its sales during the same period went down 25.77 percent year on year to 2.51 million units.

Shares of the automaker gained 0.44 percent to close at 18.27 yuan (2.63 U.S. dollars) apiece Thursday. Enditem