SAIC Motor Becomes China’s First Automaker to Hit 100 Million Vehicle Milestone

This major milestone marks a historic moment for China’s automotive industry. On the afternoon of May 28, 2026, SAIC Motor (600104.SH) officially delivered its 100 millionth vehicle, becoming the first automotive group in China’s history to surpass the 100-million mark in cumulative production and sales.

SAIC Motor Corporation Limited (600104.SS) is the largest auto manufacturer on China’s A-share market, currently operating as a state-owned enterprise controlled by the Shanghai Municipal People’s Government. The company serves as a comprehensive automotive giant, integrating complete vehicles, logistics, financial services, auto parts, and international trading into a unified business model .

Key Highlights of the Historic Achievement

According to reports from national media outlets like Securities Times, the core achievements of this milestone include:

• Global Relay Delivery: SAIC Motor completed the delivery to its 100 millionth customer through a global, cross-continental relay involving over 10 vehicle brands and 19 different models simultaneously.

• A New Industrial Pinnacle: Moving from its early beginnings in 1955 to its landmark joint venture with Volkswagen in 1985, SAIC’s 100-million milestone reflects the rapid 70-year evolution of China’s automotive manufacturing.

• The “Second Venture” Initiative: Upon reaching this scale, SAIC Motor announced the launch of its “Second Venture,” a strategic push to accelerate its transformation into a leader for intelligent, connected New Energy Vehicles (NEVs).