Chery's Jan sales up 36% y/y to 35,000 units

Shanghai, February 6 (Gasgoo.com) China's automaker Chery Automobile Co reported all-time high monthly sales of 3, 5000 units in January, up 36.14% year on year and 31.5% month on month respectively.

Chery A5 sold 6,000 units. Chery QQ sales hit 15,000 units. A3, Chery's in-house developed model, saw sales reach 3,000 units last month. The A3 hatchback now is even short in supply due to hot selling.

Analysts said that because a slew of policies such as cuts in fuel tax and purchase tax came out, China's auto market began to revive. The economic downturn in 2008 also pushed consumers to turn to low-emission vehicles.

Chery's flagship models are all vehicles with displacement below 1.6L. The average engine size of Chery brand models is at 1.2L. Therefore Chery enjoys double advantages with both the most complete and the lowest-emission vehicles in the industry.