Industry dynamics

GAC Honda, GAC Toyota boast two-digit growth in June wholesales

Publishtime:1970-01-01 08:00:00 Views:48

Shanghai (ZXZC)- GAC Group said its sales in June only edged down 1.26% from a year earlier to 186,587 units, while jumped 12.66% compared to May.

GAC Honda, GAC Toyota boast two-digit growth in June wholesales

CV sales remarkably grew 80.3% year on year to 366 units last month, but it scarcely produced evident effect due to the small volume. PV sales showed a 1.35% slight drop, which was wholly caused by the 17.96% decline in sedan sales. Nevertheless, both MPV and SUV units gained double-digit growth.

The group sold a total of 824,579 new vehicles during the first two quarters, posting a 17.51% decrease, 3.79 percentage points lower than the decline in Jan.-May volume.

GAC Honda, GAC Toyota boast two-digit growth in June wholesales

(Breeze, photo source: GAC Honda)

In June, GAC Honda achieved all-time highs in both outputs and sales, said GAC Group. The joint venture saw its June wholesales leap 14.26% year over year to 83,293 units with four models recording sales of over 10,000 units. To be specific, there were 21,100 Accords, 20,003 Breezes, 18,265 Vezels and 12,021 Criders sold respectively last month.

GAC Honda, GAC Toyota boast two-digit growth in June wholesales

(Levin, photo source: GAC Toyota)

The year-on-year growth in GAC Toyota's year-to-date wholesales returned to positive for the first time this year. Last month, the company boasted a 21.05% jump in June, attaining double-digit growth for the third month in a row.

According to GAC Group, the Sino-Japanese joint venture sold 16,700 Camrys, 15,096 Levins and 11,625 YARiS L cars during the same period.

GAC Honda, GAC Toyota boast two-digit growth in June wholesales

(Aion S, photo source: GAC NE)

GAC NE's sales soared 49% over the previous year to 4,200 units in June, including 4,188 Aion S BEVs. For the first half of 2020, the NEV subsidiary obtained a sales hike of 87% with 20,431 new cars sold.