What is the overall goal of SAIC Motor's 14th Five-Year Plan?
1 Answers
SAIC Motor's overall goal for the 14th Five-Year Plan is: By 2025, strive to rank among the top five global automakers, with an operational scale reaching the trillion-level. Here is an introduction to the relevant content: Sales Plan: Annual overseas sales are targeted to reach 1.5 million vehicles, accounting for about 15% of the group's total sales, with an expected annual compound growth rate exceeding 30%. Based on this projection, SAIC Motor's overall annual sales target during the 14th Five-Year Plan period is approximately 10 million vehicles. 14th Five-Year Plan Goals: SAIC's goal is to achieve profitability in key overseas markets such as Europe during the 14th Five-Year Plan period.