Great Wall Motor posts much smaller YoY decline in April sales
Shanghai (ZXZC)- Great Wall Motor (GWM), China's biggest SUV and pickup manufacturer, said its new vehicle sales volume reached 80,828 units in April, dipping 3.59% year on year, while jumping 34.6% over a month ago.
Due to the coronavirus spread, its year-to-date sales still represented a year-on-year decrease of 37.13%, versus 47.04% drop in Q1 volume.
As the pandemic was rampant outside China, GWM saw its export volume plunge 68.66% to 2,024 units.
(2020 Haval F5, photo source: Haval)
Haval, the domestic popular SUV brand, witnessed the decrease in its April sales shrunk to 2.3%. With 24,018 units sold, the well-received SUV model Haval H6 had a year-on-year decline of 14.36%, but posted an apparent rebound from the previous month. Besides, the sales volumes of Haval H9, M6 and F7 grew 46.96%, 50.9% and 7.6% respectively.
(WEY VV7, photo source: WEY)
WEY, the SUV brand embodying GWM's ambition to move upscale, clocked a 16.77% year-over-year decline. The sales volume of VV5 surged 85.4%, while the blooming growth was still offset by the downturn in the VV6 and the VV7's sales.
The automaker still took the leadership in China's pickup market with its pickup sales jumping 20% from the year-ago period to 15,729 units. The Wingle 5 gasoline-powered “China Ⅵ” version and the Wingle 7 “New Champion” version hit the market on Feb. 29, which are expected to help GWM grasp more market share.
ORA sold 1,765 new cars in April, a 61.75% downward movement. The flagging sales of the ORA iQ should be more blamed for the slump. For the first four months, the BEV-focused brand was still mired in a steep plunge.