Industry dynamics

Great Wall Motor boasts 18.34% YoY growth in Feb. sales

Publishtime:2019/08/16 Views:34

Shanghai (ZXZC)- Great Wall Motor (GWM) saw its cumulative sales in 2019 climb 7.35% over the previous year to 180,752 units and Jan.-Feb. export volume total 6,696 units with a year-on-year (YoY) growth of 13.86%, the automaker announced on March 7.

Great Wall Motor boasts 18.34% YoY growth in Feb. sales

Excluding the Chinese New Year Holiday, there are only 21 days available for delivery. However, GWM still achieved a YoY jump of 18.34% in Feb. sales, gaining positive growth for the fifth month in a row.

Great Wall Motor boasts 18.34% YoY growth in Feb. sales

Last month, SUV sales grew 9.51% from the year-ago period to 55,521 units thanks to Haval's outstanding performance. Although the sales of the Haval H2, H6 and H9 all represented double-digit decline, Haval still gained 16.95% YoY increase powered by the 115.62% sales surge made by the Haval M6 and contribution from such models added after February 2018 as the Haval H4, F5 and F7. Especially, the sales of the Haval F7, which hit the market in last November, reached up to 10,665 units.

Great Wall Motor boasts 18.34% YoY growth in Feb. sales

Premium SUV brand WEY suffered a remarkable YoY decline of 27.25% in February, which were largely affected by over 75% YoY plunge made by the VV5 and VV7. Yet, the VV6, just hitting the market on August 27, 2018, was crowned the hottest-selling WEY-owned model with a monthly sales volume of 4,049 units.

The NEV brand ORA has sold a total of 7,065 vehicles from January to February. The sales of the ORA R1 and the ORA iQ were very close.