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Chery Holding says both PV, CV August sales show double-digit month-on-month growth

Monika From Gasgoo| September 04 , 2019

Shanghai (Gasgoo)- Chery Holding said its auto sales volume in August reached 65,200 units, jumping 33.2% over a month ago and climbing 5.4% over a year ago amid an overall market downturn. Of that, both PV and CV sales represented double-digit month-on-month growth.

For the first eight months, the group sold a total of 439,000 vehicles. Year-to-date sales of indigenous brands grew 5.9% from the previous year.

In August, Chery Automobile boasted a month-on-month increase of 15% and a year-over-year growth of 4.4% primarily thanks to the strong demands from new products.

Chery Holding August 2019 sales, Chery Automobile August sales, Chery Jetour August sales, China automotive news

(Photo source: Chery Automobile)

Monthly sales volume of the all-new Tiggo 8 amounted to 10,198 units, rising 10% from the previous month and surging 42% compared with the year-ago period. Fresh power also comes from such new models as the Tiggo 5x HERO, the Arrizo GX Pro & the Arrizo 5 Pro that comply with the China Ⅵ Emission Standard and the 2020 Tiggo 3 Million-unit Global Edition.

Chery Holding August 2019 sales, Chery Automobile August sales, Chery Jetour August sales, China automotive news

(Photo source: Jetour)

Jetour, a car brand launched by Chery Holding under Chery Commercial Vehicle, achieved a remarkable month-on-month jump of 65.9% with 13,553 vehicles sold last month. By the end of August, cumulative sales of the Jetour-branded vehicles have exceeded 115,000 units since its first model, the Jetour X70, hit the market.

Jetour's product matrix was further enriched with the all-new Jetour X70 going on sale on August 27.

By virtue of the stable growth in sales of special vehicles and logistics vehicles, Chery Holding saw its CV sales in August soar 51% over a month earlier and edge up 4.8% from the prior-year.

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