GAC Group‘s Sept. auto sales volume down by 4.75%

Shanghai (Gasgoo)- GAC Group reported a 4.75% year-on-year decrease in September auto sales, posting downturn for three consecutive months.

For the first nine months of 2019, the automaker sold 1,508,018 vehicles in total, down by 3.21% over a year earlier.

The group saw its PV sales volume in September edge down 3.82% to 188,376 units. Of that, SUV sales were 78,018 units, tumbling 20.29% over the year-ago period, which should be entirely blamed for the total PV sales decline. Meanwhile, car and MPV sales reached 100,471 units and 9,887 units, jumping 12.18% and 17.49% respectively compared with the prior-year period.

CV sales plunged 88.28% year on year to only 256 units in September. As to year-to-date performance, GAC Group sold 2,054 CVs in total, versus 6,772 units for the year-ago period.

Aside from GAC Motor and GAC FCA, the other subsidiaries all achieved sales growth in September.

（The tenth-generation Accord, photo source: Honda China)

GAC Honda recorded a slight growth of 1.44% with 70,660 new vehicles sold in September. The sales volume of the tenth-generation Accord rose 9.9% to 20,436 units, and 16,545 units of the new Crider were sold, topping 10,000 units for seven straight months. Besides, the sales volume of the Avancier, the Vezel and the Odyssey reached 7,028 units, 14,660 units and 4,493 units respectively.

(Levin Hybrid, photo source: GAC Toyota)

GAC Toyota also obtained increase in both Sept. and year-to-date sales. Last month, the automaker sold 17,316 units of the eighth-generation Camry (+18%), 22,035 units of the Levin family (+7%) and 9,665 units of the all-new Highlander.

GAC Motor suffered its third-month-in-a-row decrease in monthly sales. For the first nine months of 2019, the group’s self-owned PV arm got its only sales growth in June.