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China’s Changan clocks 54.28% YoY hike in May sales

Monika From Gasgoo| June 09 , 2020 10:59 BJT

Shanghai (Gasgoo)- Chongqing Changan Automobile Co., Ltd. (hereinafter referred to as “Changan”) saw its May sales surge 54.28% over a year earlier to 174,012 units, keeping a double-digit growth after April.

China’s Changan clocks 54.28% YoY hike in May sales

Thanks to the vigorous increase in May, the decrease in Changan's year-to-date sales has shrunk to 6.29%, versus the 18.45% drop in Jan.-Apr. sales.

Specifically, the automaker's self-owned subsidiaries—Chongqing Changan, Hebei Changan and Hefei Changan—all attained evident year-over-year growth. Of them, Hefei Changan boasted the biggest one, and its year-to-date sales also showed a 181.43% upward movement.

China’s Changan clocks 54.28% YoY hike in May sales

(Ford Escape, photo source: Changan Ford)

The growth in the respective sales of two joint ventures—Changan Ford and Changan Mazda—was quite impressive. Changan Ford clocked a stupendous growth of 228.96%, which made its year-to-date sales represented positive increase for the first time so far this year.

According to Changan Ford's National Distribution Services Division (NDSD), the sales of the Escape, the Mondeo, the Escort, the all-new Focus, the Taurus and the Edge were all more than that of the year-ago period. The No. 1 sales contributor was the Escape, whose May sales jumped nearly 20% from the previous month.

Changan Ford's blooming performance was linked to the general upturn in China's overall auto market as coronavirus has been ebbing there. Another contributing factor is that the automaker changed its strategy to “basing production on sales” from the previous “basing sales on production”. The adjustment was also good for perfecting the relation with dealers and arousing their initiatives.

China’s Changan clocks 54.28% YoY hike in May sales

(Mazda3 Axela, photo source: Changan Mazda)

Changan Mazda's May sales soared 50.45% from the prior-year period to 14,326 units. The Sino-Japanese joint venture said there were 8,341 consumers took delivery of the Mazda3 Axela cars, a month-on-month surge of over 30%.

In May, the China-made Mazda CX-30 officially hit the market with its guiding prices ranging from 129,900 yuan ($18,264) to 171,900 yuan ($24,170), which is produced by Changan Mazda. The crossover, similar in size to the Toyota C-HR and Honda XR-V, is fitted with Mazda's Skyactiv powertrain comprised of a 2.0-liter gasoline engine and a six-speed automatic transmission.

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