SAIC Motor's sales volume plummeted, and BYD surpassed it to become China's largest automobile group

SAIC, which has been the largest automobile group in China for 18 consecutive years, was dethroned by BYD this year after its sales volume plummeted for five consecutive years, and even fell into a loss in the second quarter of this year. In addition, the operating conditions of state-owned automakers such as BAIC and GAC are also of great concern to the outside world.