SAIC Motor's Sales Fall 2%, Output Drops 9% in August

MT Newswires Live09-02

SAIC Motor's (SHA:600104) vehicle sales in August fell 1.8% to 357,007 units from 363,371 units a year earlier, according to a Wednesday filing on the Shanghai bourse.

Output dropped around 9% year on year to 342,978 vehicles from 376,821 vehicles.

The Chinese automobile company's shares slipped 1% during the morning trade.

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