SHANGHAI -- Top Chinese automaker SAIC Motor fell short of its sales goals for 2018 by more than 200,000 vehicles, hampered by the country's weaker economic growth and U.S. trade frictions.
SAIC sold 7.05 million vehicles last year, including brands marketed with foreign partners, the car manufacturer reported on April 1. But the 1.7% annual increase missed the forecast for sales of 7,255,000 units. The company's unit sales had climbed 6.8% in 2017.