China Auto Daily丨China Captures 33% of Global Auto Sales in Q1 2025

CPCA: China Captures 33% of Global Auto Sales in Q1 2025

China accounted for 33% of worldwide vehicle sales from January to March 2025, per CPCA Secretary-General Cui Dongshu. Global March sales reached 8.75 million units, up 5% YoY but 5% below March 2018’s peak. Cui noted China’s Q1 slowdown reflected seasonal Lunar New Year impacts, with recovery expected as domestic automakers accelerate NEV exports and production.  

SAIC Motor Q1 Net Profit Rises 11.4% to RMB 3.02 Billion

SAIC Motor reported Q1 2025 revenue of RMB 140.86 billion (USD 19.4 billion), with net profit climbing 11.4% YoY to RMB 3.02 billion (USD 416 million). The automaker sold 945,000 vehicles globally, up 13.3%.

Seres Q1 Net Profit Soars 240.6% on AITO M9 Demand  

Seres Group posted a 240.6% YoY net profit jump to RMB 748 million (USD 103 million) in Q1 2025, driven by sales of its premium AITO M9 SUV. The RMB 469,800 (USD 64,600) model sold 23,290 units in Q1 2025, up 117.83% YoY, dominating China’s luxury EV segment. Seres expanded its lineup with refreshed M5/M7 variants and the newly launched M8, which secured over 60,000 confirmed orders since its April debut.  

*(Exchange rate: RMB 7.2659 = USD 1)*