# Who are SAIC Motor's customers? Who does SAIC Motor earn revenue from?
Canonical: https://valuechain.wiki/saic-motor · Facet: customers · Updated: 2026-07-12T04:15:58.008+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: SAIC Motor discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-07-12).

### 중국 소비자·수출 (자체 브랜드·합작 완성차) (high)
- metric: Count 4,507,000대 · 2025 판매
- note: China's largest automaker — 4.507M units in 2025 (+12.3%), 4.67M terminal retail. Runs GM/VW joint ventures (SAIC-GM, SAIC-VW) alongside own brands (Roewe, MG, IM, Wuling, Baojun); NEV 1.643M (+33.1%).
- [mentions] MarketScreener (EN, research, published 2026-02-10) https://www.marketscreener.com/quote/stock/SAIC-MOTOR-CORPORATION-LI-6495767/consensus/: "Analyst consensus Buy; average 12-month target ~RMB20.28 across 13 analysts, watching domestic sales recovery and NEV growth."
- [confirms] Gasgoo (EN, news, published 2026-01-15) https://autonews.gasgoo.com/articles/news/saic-motors-2025-sales-surpass-45-million-driven-by-self-owned-brands-and-nevs-2008158559647072256: "SAIC's 2025 sales reached 4.507M units, up 12.3% YoY, keeping the domestic No.1 spot; self-owned brands and NEVs drove growth."
- [confirms] SAIC Motor (EN, filing, published 2025-08-28) https://www.saicmotor.com/english/investor_relations/financial_data/index.shtml: "Interim report: H1 2025 consolidated operating revenue RMB299.59B (+5.2%), net profit RMB6.02B. Wholesale 2.053M units (+12.4%), self-owned brands 63.5% of total."

### 해외 수출 시장 (MG·마쓰 등 자체 브랜드) (high)
- metric: Count 2,928,000대 · 2025 자체 브랜드
- note: Own brands (Roewe, MG, IM, Maxus, Wuling, Baojun) sold 2.928M units in 2025 (+21.6%), ~63% of group volume. China's largest auto exporter, expanding into Europe and Asia led by MG.
- [confirms] Gasgoo (EN, news, published 2026-01-15) https://autonews.gasgoo.com/articles/news/saic-motors-2025-sales-surpass-45-million-driven-by-self-owned-brands-and-nevs-2008158559647072256: "Self-owned brands and NEVs drove 2025 sales growth."
- [confirms] SAIC Motor (EN, filing, published 2026-01-04) https://www.saicmotor.com/english/latest_news/saic_motor/63549.shtml: "Own brands sold 2.928M units in 2025 (+21.6%), including Roewe, MG, IM, Maxus, Wuling and Baojun, expanding overseas exports."

### General Motors·폭스바겐 (합작 파트너) (high)  → /general-motors.md
- note: Runs 50:50 vehicle JVs with GM (SAIC-GM) and Volkswagen (SAIC-VW), a core of China sales. The VW JV was extended to 2040 in 2024, with 18 new models (8 EVs) planned by 2030; GM operates its China business through the SAIC JV.
- [confirms] Gasgoo (EN, news, published 2026-01-15) https://autonews.gasgoo.com/articles/news/saic-motors-2025-sales-surpass-45-million-driven-by-self-owned-brands-and-nevs-2008158559647072256: "Sells JV brands (SAIC-GM, SAIC-VW) alongside own brands."
- [confirms] SAIC Motor (EN, filing, published 2025-08-28) https://www.saicmotor.com/english/investor_relations/financial_data/index.shtml: "JV vehicles (SAIC-GM, SAIC-VW) are a major part of SAIC's consolidated results, alongside a rising own-brand share."
- [mentions] ZDNet Korea (KO, news, published 2025-05-26) https://zdnet.co.kr/view/?no=20240526193042: "SAIC laid out an electrification roadmap including solid-state battery mass production planned for 2026."

Reverse side: https://valuechain.wiki/saic-motor/suppliers.md · Ripple: https://valuechain.wiki/saic-motor/ripple.md

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Full node: https://valuechain.wiki/saic-motor.md · JSON: https://valuechain.wiki/saic-motor.json