Industry dynamics

Changan Automobile’s YTD auto sales rise 3.61% YoY by August 2024

Publishtime:1970-01-01 08:00:00 Views:9

Beijing (ZXZC)- Chinese automaker Changan Automobile announced on September 5 it sold 187,117 vehicles in August this year, which dropped 10.63% from a year ago.

Changan Automobile’s YTD auto sales rise 3.61% YoY by August 2024

In the first eight months of this year, Changan Automobile’s cumulative sales volume stood at 1,691,799 vehicles, rising 3.61% year over year. Among the vehicles sold in the period, 1,411,890 units were under its wholly-owned brands, with 1,031,590 units being passenger cars.

Changan Automobile’s YTD auto sales rise 3.61% YoY by August 2024

DEEPAL lineup; photo credit: DEEPAL

Notably, year-to-date sales of new energy vehicles (NEV) under Changan Automobile’s wholly owned brands surged 53.8% from that of a year ago to 393,235 vehicles by end of August.

In the first eight months of 2024, Changan Automobile's wholly-owned brands exported 257,172 vehicles to overseas markets, which leapt 66.4% year over year.

As to Changan Automobile's joint ventures, Changan Ford sold 19,803 vehicles in August 2024, representing a 10.08% dip year-on-year. Its other joint venture, Changan Mazda, saw its monthly sales plummet 45.41% from the previous year to 4,331 vehicles.