Shanghai (ZXZC)-GAC Group released its output and sales report on Oct. 10, showing that GAC Group had a total output volume of 188,066 units in September with 15.5% year-on-year growth on the basis of 162,828 units in 2016. The total output volume from January to September reached 1,485,640 units, growing 26.81% compared with the same period last year. The sales volume in September and the previous nine months this year reached 187,105 units and 1,466,561 units respectively, growing 18.19% and 27.63% year on year.

GAC Mitsubishi performed best among all group companies with its monthly sales volume of 12,063 units in September, increasing 167% year on year. Its total sales volume in the previous nine months reached 81,339 units with a year-on-year growth of 199%, accomplishing 81% of the annual sales target. It's analyzed that the launching of Chinese-made Outlander models this year greatly promoted GAC Mitsubishi's sales volume. The further expansion of GAC Mitsubishi's sales network also made contribution to its sales growth.

GAC Honda and Toyota showed slight growths of 8.13% and 2.62% respectively in September. GAC Honda sold 502,972 units from January to September with a year-on-year growth of 14.65%. Supported by compact car, the Levin and middle-size SUV, the Highlander, GAC Toyota has a monthly sales volume of 40,985 units in September. Its total sales volume in the previous three quarters reached 339,014 units with year-on-year growth of 8.22%, accomplishing 78% of annual sales target.

Mainly supported by the GS4 and GS8, GAC Trumpchi sold 46,185 units in September with a year-on-year growth of 24.42%. Its total sales volume from January to September reached 376,220 units, growing 46.67% compared with the same period last year and accomplishing 75% of annual sales target. It's predicted that its annual sales would surpass the annual target with the launch of first MPV model, the GM8 and subsequent busy season at the end of year.

The sales volume for passenger vehicles in GAC Group reached 186,833 units in September with 18.1% year-on-year growth, among which SUV models took the lead with the number of 105,391 units and grew 36.7% year on year. Sales for cars keep steady with a 2.3% year-on-year growth, while MPV sales decline 28.6% year-on-year to 3,382 units in September.