Annual Sales of Chery increased 28%, 8 new models to be launched

Shanghai January 13th, 2017 Gasgoo-Official data shows that Chery Group has an annual sales volume of 704,700 units, increasing 28% and hitting a historical high. Not only Chery Brand increases 16%, sales of joint-venture brands Qoros and Chery JLR also grow greatly. It’s known that at least 8 new models are planned to be launched into market this year.

At the beginning of 2016, Chery officially released its “Technology 2.0, Quality 2.0 and Internationalization 2.0” plan. Boosted by Chery, Qoros, Chery JLR and Chery Holding, Chery Group reach an annual sales volume of 704,700 units in 2016. Exported vehicles reach 88,081 units, accounting for 28% of total exporting volume in China and ranking champion among all brands for 14 consecutive years. Besides, it overfills the annual sales target of 600,000 units.

Among the 700,000 units’ annual sales volume, Chery brand sells 363,314 units with a growth of 16.5%, accounting for 51% of whole number. Two joint-venture companies Qoros and Chery JLR have achieved significant growths of 71.8% and 140%, selling 24,483 and 62,468 units significantly.

The newly launched three 2.0 model has won market recognition. Arrizo 5 sells more than 100,000 units in its nine-month period, after it was launched in March this year. Its single monthly sales volume exceeds 20,000 units in December alone. Terminal monthly sales of Tiggo 7, which was launched in September, surpass 10,000 units in December. Three domestic models, Jaguar XFL, Land Rover Discovery Sport and Land Rover Evoque, have total sales of 62,468 units, accounting for 52% of JLR’s total sales in China.

This year, Chery will also launch five new models this year, including T17, Arrizo 5(1.5T CVT/MT), Tiggo 7(DCT), Tiggo 7 and Arrizo 5.