Industry dynamics

Great Wall Motors gains 9.52% year-on-year growth in August sales

Publishtime:1970-01-01 08:00:00 Views:40

Shanghai (ZXZC)- Great Wall Motors saw its auto sales in August rise 9.52% to 70,199 units, which made its year-to-date sales total 624,094 units, a year-on-year growth of 5.79%, according to the automaker's announcement.

Great Wall Motors gains 9.52% year-on-year growth in August sales

Export business also maintained a rising momentum. Last month, the automaker exported a total of 7,728 vehicles into overseas markets, achieving a stupendous jump of 102.83% from the prior-year. For the first eight months, its cumulative export volume soared 43.79% to 45,436 units.

Great Wall Motors gains 9.52% year-on-year growth in August sales

Great Wall Motors sustained its championship in China's SUV domain with the sales volume of Haval brand jumping 17.04% over the previous year. Year-to-date sales of Haval-branded SUVs also grew 9.98% compared with the same period in 2018.

The growth in Haval August sales was largely ascribed to the outstanding performances of the F Series, which came to the market in September, 2018. The fresh power and the evident increases in the sales of the Haval H9 and the Haval M6 entirely offset the downturn in the sales of the Haval H2, H4, H6 and other models.

Great Wall Motors gains 9.52% year-on-year growth in August sales

(Photo source: Great Wall Motor)

The premium SUV brand WEY posted a sharp decline of 31.16% in August sales. New-model launches, including the 2020 VV7, the VV7 GT, the VV7 PHEV and the VV7 GT PHEV, may provide a lift in the near future.

Great Wall Motors gains 9.52% year-on-year growth in August sales

(Photo source: Great Wall Motor)

The combined sales of the ORA R1 and iQ reached 1,225 units in August, plunging 40.85% month on month due to the prolonged influence from the NEV subsidy slash. The NEV brand sold a total of 30,309 vehicles between January and August.

Great Wall Motors gains 9.52% year-on-year growth in August sales

(Photo source: Great Wall Motor)

To strengthen the pickup onslaught, Great Wall Motors officially launched the new P Series Pickup on August 18. Last month, the company’s pickup sales amounted to 11,637 units, up by 12.27% year on year, and shooting up 44.11% month on month.