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Chery sold 59,222 units in November, increasing 37% with the same period of last year

Biwen Wang From Gasgoo.com| December 18 , 2015 15:25 BJT

Gasgoo.com (Shanghai Dec 18) Updated official news from Chery comes that, Chery (including Chery Automobile and Chery Holding Group) has an overall sales volume of 59,222 in November, increasing 37% with the same period of last year and creating a single month sales record. The differentiating development model of Chery is beginning to show effects.

Chery Automobile sold 48,842 units, increasing 24.9%, with a higher growth rate over the average domestic automobile market. Chery brand sold 41,794 units, increasing 14.9% and keeping a high growth rate for a consecutive four month. Qoros sold 1,432 units, increasing 110% and recording a historical high. Chery JLR sold 5,616 units, increasing 194% with the previous month and showing a wonderful reversion in the luxury automobile market.

Chery sold 475,000 units from January to November this year, increasing 12.5% compared with the same period of last year. Self-owned brands sold 454,000 units, increasing 7.5% and exceeding last year’s sales volume a month ahead of the deadline. Chery exported 82,296 units from January to November, accounting for 25% of total export volume and topping all the domestic brands. Alternative energy vehicles sold 11,355 units till November, increasing 59.7% and fueling the domestic alternative energy vehicle market’s development. Chery catches up with its last year’s sales volume in 11 months, showing an improving competitive power.

Chery’s brands such as Arrizo and Tiggo have significant improvements in quality after strategicadjustments, exceeding several joint venture brands. 2015 Quality Report of New Passenger Vehicles co-published by Auto home and Ipsos and 2015 Report of IQS in China published by J.D.Power reveal that Chery’s main models including Arrizo7, Arrizo3, Tiggo3 and E3 all perform top in domestic brands.

Chery’s performance this year represents that domestic brands are developing towards a good trend. The first 2-gen model Arrizo5 after its strategic adjustments rolled off the production line on 18 December, marking the milestone that Chery’s 5mth self-owned brand vehicle comes into market and bringing more hope on self-owned brands to the market.

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