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Haval released its 2020 strategy on February 19th, with new models and technologies involved

Biwen Wang From gasgoo.com| February 15,2017

GWM,Haval,Haval H8,Haval,GWM brand developments plan

GWM has made middle- and long-term plan for its future brand developments. Official news comes out that GWM will hold a ceremony in Baoding on February 19th, reviewing Haval's history and launching its 2020 development strategy, with information on new models and technologies involved.

In December, 2016, Haval H6 won champion of domestic passenger vehicle market with monthly sales of 80,500 units and achieved a year-to-year growth of 89.16%. The average monthly sales also achieved 48,300 units. In the meantime, middle-size SUV Haval H7 sold 10,800 units and small-size SUV Haval H2 sold 35,300 units in December.

Total annual sales for GWM reached 1.07m units in 2016, increasing 26.01% with 2015. It has been the 14th year for Haval brand to obtain domestic SUV sales champion. Haval’s sales face continuously growth since its independence in 2016, along with the rising profits. GWM’s profit rate reached 11.3% in 2016, compared with 10% of Mercedes-Benz.

According to plan, Haval will launch more models in 2017. Sales champion H6 will meet its new generation model; H8 will also launch a facelift model. H9 will increase a new model equipped with 3.0T engines. WEY model will also launch its W01 and W02 into market.

Analyses believe that the fast launching speed and intensive new products, along with understanding customers’ demands, make GWM’s success in SUV market.


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