Industry dynamics

GWM sells 69,000 units in July, and WEY performs well

Publishtime:2019/08/16 Views:32

GWM sells 69,000 units in July, and WEY performs well

GWM released its production and sales volume data on the night of August 7th that it sells 69,063 units in July, increasing 0.13% year-on-year. The total sales volume in the previous seven months reaches 529,806 units, growing 2.04% year-on-year. Haval SUV has a total sales volume of 448,393 units with a year-on-year growth of 2.2%. It should be mentioned that the new brand “WEY” performs well with its first model VV7, with sales volume reaching 6,075 units in July and growing 91.88% on a monthly basis of 3,166 units.

The main force SUV models show declining sales volume of 59, 928 units in July, decreasing 0.12% year-on-year. Haval SUVs continue to show declining sales volume of 53,853 units. Wingle pickup sells 8,420 units in July, increasing 9.52% compared with the same period of last year. C50 car only sells 715 units, decreasing 44.4% year-on-year.

Haval H6 sells 37,305 units in July, decreasing 4.54% compared with last month. Small-size SUV Haval H2 sells 10,477 units, growing 4.01% year-on-year. High-end SUV H8 sells 620 units in July, increasing 8.20% year-on-year. Other Haval SUV models all perform badly with declining month-on-month sales data.

GWM only accomplishes 42.38% of the 1.25 units’ annual target from January to July, facing a difficult task in the remaining year. But WEY’s good performance shows hope that it may become GWM’s another strong growing point. It’s expected that GWM will have a better market performance in the future.