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it has to be said that the fierce competition in the domestic market has put a lot of pressure on many car companies or brands. the latest data released by saic group shows that in august 2024, saic maxus' monthly sales were 15,307 units. compared with the same period last year, sales fell by 14.62%.

saic maxus

obviously, in august 2024, saic maxus's monthly sales showed a certain year-on-year decline. in fact, since april this year, saic maxus's monthly sales have begun to decline year-on-year.

official data from saic group shows that in april 2024, saic maxus' monthly sales volume was 17,108 units, a year-on-year decrease of 5.5%.

in may 2024, saic maxus' monthly sales volume was 15,905 units. compared with the same period last year, its sales volume fell by 8.93%, and the decline widened.

august production and sales report

in june 2024, saic maxus' monthly sales volume was 15,020 units. compared with the same period last year, sales volume fell by 19.06%, and the decline further widened.

in july 2024, saic maxus' monthly sales volume was 14,336 units. compared with the same period last year, saic maxus' monthly sales volume fell by 23.34%.

obviously, from april 2024 to august 2024, saic maxus' monthly sales have declined for five consecutive months.

saic maxus

judging from saic maxus's market performance, it can be seen that the fierce current market competition has put car companies under certain market pressure.

so, can we conclude that saic maxus's market performance is getting worse or worse? cheyu world believes that, judging from the current market performance, this cannot be concluded.

first, in august 2024, although saic maxus's monthly sales continued to decline year-on-year, the year-on-year decline narrowed by nearly 10 percentage points.

saic maxus

official data from saic group showed that in august 2024, saic maxus's year-on-year decline was 14.62%, while its year-on-year decline in july was 23.34%.

obviously, compared with july, saic maxus's month-on-month sales in august narrowed a lot. moreover, compared with july, saic maxus's monthly sales in august declined year-on-year, but showed a certain upward trend month-on-month.

from this perspective, although saic maxus' monthly sales in august 2024 still declined year-on-year, it has improved.

saic maxus

so, from this perspective, i think we cannot conclude that saic maxus’ sales performance is getting worse and worse. we still need to look at its market performance more comprehensively.

second, the current domestic auto market is extremely competitive, and the sales of many automakers have shown a certain downward trend. the decline in sales of saic maxus is just a microcosm of this.

after entering 2024, the competition in the domestic auto market has obviously become more intense. under such circumstances, the sales of many auto companies that once performed well have shown a certain downward trend.

saic maxus

in the current domestic market, this phenomenon can be said to be everywhere. it can be seen that the current decline in sales of many car companies is more or less affected by the fierce overall market competition.

under such circumstances, saic maxus is naturally hard to escape from competition and market pressure. so it is not difficult to understand why its sales volume has shown a certain downward trend.

what is particularly noteworthy is that although its sales have declined year-on-year for five consecutive months, it is not a "long-term and sustained" decline.

saic maxus

i think this kind of market decline can be regarded as a normal market fluctuation, not a micro-filter. therefore, the five consecutive months of year-on-year decline in saic maxus sales cannot be regarded as "the market performance is getting worse or worse."

i believe that with its deep roots in the passenger car market and backed by saic group's channels and technological advantages, saic maxus' prospects in the domestic auto market are worth looking forward to.

as for those who are not optimistic, i think it is a bit of a "troublemaking". here, we hope that saic maxus will continue to provide chinese people with more excellent product experience and achieve better sales performance and market development prospects in the domestic market.

finally, the sales data in this article comes from the august production and sales report released by saic motor.