Shanghai (ZXZC)- SAIC Group achieved a 10.88% YoY increase to 3,520,018 units in the first half of 2018. The group's June sales reached 554,058 units, edging up 7.2% from a year ago. Sales of Roewe and MG totaled 56,273 units in June, soaring 65.2% from a year earlier. The cumulative sales of both brands surged 53.67% to 359,007 units in the first half of this year. Continuing robust sales growth of May with sales over 10,000 units, new energy vehicles (NEV) set a new sales record to 13,162 units in June, skyrocketing 456% on an annual basis.

SAIC-VW led the pack among all of SAIC's subsidiaries with sales reaching 176,866 units in June. SGMW delivered 1,051,635 units, taking the sales championship among all subsidiary automakers of SAIC Group for the first half of this year. SAIC Motor. CP. CO., Ltd. posted the fastest sales growth of 103.39% year on year among all subsidiary automakers in terms of the cumulative sales in the first half.

During the first half, SAIC Motor Passenger Vehicle posted sales of 359,007 units, soaring 53.67% over the previous year. SAIC Maxus handed over 66,617 vehicles with a year-on-year increase of 36.58%. SAIC-IVECO Hongyan sold 35,118 units, surging 75.53% from the corresponding period a year ago.

It is noteworthy that the sales structure of Roewe and MG continued to be optimized during the first half of this year. Sales of Roewe and MG's interconnected vehicles took up 40.6% of their total sales. The cumulative sales of NEVs reached 44,000 units in the first half, skyrocketing 221% on an annual basis. Sales outside Shanghai contributed 60% of the total NEV sales.

MG delivered 12,000 vehicles in Thailand during the past six months with a year-on-year surge of 104%. Specifically, the MG ZS took the sales championship in the Thailand's segment.