Changan Auto Oct Sales Decreases 5% than Last Month

5 Nov night, Changan Auto publishes its Jan to Oct totally manufacture and sales bulletin. According to statistics, Changan Auto sales of Oct is 190.4 thousand totally, which has increased 27.85% over the performance of last year. Changan Ford Oct sales is 70.6 thousand, which has increased 60%. Sales from Jan to Oct are 539 thousand, which has increased 66.21%.

Changan Auto sales publish is slight lower than expectation. Compared with Sept 200 thousand sales, Changan Oct sales decrease 4.95% over last month. But the figure still increase 32% than Sept did. Distance is big. Changan Auto decrease is mainly caused by Changan Ford Oct sales decreasing 2.7% over last month.

Benefited from new collections launching market, Changan Auto market performance is quite eye catching this year. New Fox, Maverick, Ecosport and new Mondeo market launching contribute mainly to Changan Ford sales. With new cars development, Changan has a beautiful third quarter report, and be identified by market. Rating agencies give Changan Auto “highly recommended” for investors.