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Research Reports on Investment Opportunities | Orient: Maintain a "Buy" rating for SAIC Group, Target Price 21.4 yuan.
Orient's Research Reports point out that SAIC Motor Corporation (600104.SH) had a terminal sales volume of approximately 0.306 million vehicles in February, which is nearly 0.011 million vehicles higher than the wholesale sales in February. The initial effects of the reforms are apparent, with significant year-on-year growth in February sales of domestic brands, as well as impressive performances in Electric Vehicles and overseas markets. From the sales figures of the first two months, the reforms in the SAIC self-owned Sector have begun to show results. As the company continues its self-reform and cooperation with Huawei, it is expected that the sales volume and brand influence of domestic brands will continue to rise. Regarding new cars, the new Touareg Pro debuted on February 17 and is expected to be launched in March; the new Cadillac CT5 will be launched on March 1.
SAIC Motor Group Production and Sales Report for February 2025
Express News | SAIC Motor Feb Vehicle Sales Volune up 41.9% Y/Y at 294,942 Units
The American "god car" has unleashed its ultimate weapon.
Jump squat.
Express News | India Says Kia Changed Car Import Classification After Tax Investigation in Similar Case as VW -Court Papers
Express News | India Says Volkswagen Is Only Automaker to Wrongly Classify Car Imports for 12 Years to Evade $1.4 Bln in Tax -Court Papers
bullrider_21 OP : Tesla's Europe sales fell in 2024. Tesla's US sales fell in 2024. Tesla's Australia sales fell in 2024. Only Tesla's China sales are up.
74216494 bullrider_21 OP : And ? NIOs European sales are microscopic, US sales non-existant, Australias sales non-existant, China sales mediocre, compared to newcomers like XIAOMI or ZEEKR. TSLA still makes money; NIO never did.
bullrider_21 OP 74216494 : Comparing Nio and Tesla is like comparing apple and orange.