Great Wall Motor 2018 sales edge down 1.6% year on year
Shanghai (ZXZC)- China-based automaker Great Wall Motor (GWM) announced that its full-year sales in 2018 edged down 1.6% over the year-ago period to 1,053,039 units, failing to accomplish its 1.16 million-unit yearly sales target.
However, its sales in December gained a year-on-year (YoY) increase of 6.54%, the third month in a row achieving positive growth.
The automaker saw its annual SUV sales drop 3.49% from a year ago to 905,548 units. As GWM’s absolute sales mainstay, Haval SUV brand faced a YoY decrease of 10.07%, which cannot be offset by the significant YoY sales leap of 61.39% made by WEY. The data of each model show that except the Haval H9 and the Haval M6, the sales of other models all presented double-digit YoY decline. The best-seller must be the Haval H6, yet it was still hit with a sales drop of 10.64%. The Haval M6 enjoyed the biggest increase among all GWM-owned models.
In 2018, the sales of the WEY VV5 and VV7 shot up 87.08% and edged up 3.6% respectively despite the negative growth for both models in December. The sales of the WEY VV6 have been consecutively growing month by month after it hit the market on August 27.
As to sedan models, the Great Wall C30 saw its 2018 sales halved over the previous year. The ORA iQ’s sales totaled 3,515 units within four months since it went on sales at the end of last August. The second model under the NEV brand ORA—the ORA R1 officially entered the market for sale in late December.