Production and Sales of Changan in April Showed Weakness with Sales Declined about 30%

SHANGHAI May 10th, 2017 Gasgoo – According to the newsflash announced by Changan Auto on May 8th, sales and production volume of Changan Auto in April both declined, among which the sales dropped 15.25% year over year to 214,262 units while the production decreased 27.61% year over year to 161,862 units. The accumulative Sales of Changan Auto from January to April are 1,000,590 units, a year-on-year decline of 5.79%.

SUVs are still the main force of Changan’s self-owned brands with CS75, CS35 and CX70 ranked top3 of the accumulative sales of Changan’s self-owned brands during January to April. Sales of CS75 in April are 9545 units, a year-on-year glide of 10%; sales of CS35 are 3081 units, a year-on-year decrease of 77%; while CX70, the only model had sales increased in April, was sold 6,951 units; although sales of the small-sized SUV CS15 broke ten thousand units in March, its sales in April dropped to only 2,869 units.

Changan EADO and YOUNG are still main force of the sedans, with sales of EADO fell 63% year over year to 4,915 units and sales of YOUNG dropped 66% year over year to 3,401 units. While the accumulative sales of EADO during the first 4 months reached 40,299 units and that of YOUNG reached 30,327 units.

As for MPVs, sales of HONOR and OuShang showed a significant decline. Sales of HONOR in April declined 86% to 2,232 units and that of Oushang dropped 75% to 2,907 units. While sales of HONOR and OuShang during the first 4 months still broke 40 thousand units.

Self-owned brands of Changan Auto also showed a year-on-year decline trend except the increase of CX70. Sales of Changan self-owned brands during the first 4 months broke 1,000 thousand units.

Changan Auto pined it’s hope on new models to increase sales. Changan CS95, the high-performance full-scale flagship SUV, has been listed on March 28th and has been sold 8,653 units till now; CS55 is to be listed in the second half year; Lingxuan and RAETON CC, the first safe and delicate MPV and the first mid-to-high end sedan of Changan, are also new models to be listed in the future.