Great Wall Motor posts YoY sales growth of 2.34% in H1 to 471,515 units

Shanghai (gasgoo)- Great Wall Motor (GWM) reported 62,186 units in June, sliding 3.54% compared with the previous year. From January to June, GWM achieved a 2.34% year-on-year rise to 471,515 units, completing 40.65% of its 2108 sales target. Specifically, sales of the Haval brand reached 325,309 units during the first six months.

According to the data released by GWM, sales of SUVs reached 52,602 units in June, down 5.29% from a year earlier. During the first half of 2018, GWM delivered 402,956 SUVs, edging up 1.32% compared with the same period last year. To be specific, sales of the Haval brand reached 43,121 units, slumping 19.57% year on year and 11.53% month on month. The sales skid of GWM's SUVs mainly resulted from the substantial sales drop of Haval brand as well as a slight sales drop of its high-end brand WEY.

Due to the intense competition from its rivals, the Lynk & Co 01, WEY underwent sales skid from March this year. In addition, GWM's pickups also suffered sales slide. The Wingle sales decreased to 8,873 units in June, taking up 14.27% of its total sales. The sales represent a 10.16% increase compared with the previous year, while a 22.48 dive compared with May.

As to specific models, sales of the Haval H6 reached 26,279 units in June, falling 14.17% compared with its May sales of 30,616 units. The Haval M6 achieved a robust sales growth of 51.06% year on year to 2,349 units in June. It is noteworthy that the Haval H4 saw continued sales growth since it was launched. In June, its sales totaled 6,114 units, ranking third among GWM's all models.

Apart from the Haval H6, H4 and M6, sales of the Haval H1, H2, H5, H7 and H8 dropped 80.65%, 57.79%, 65.33%, 51.68% and 100% respectively year on year. GWM even haven't sold one H8. Sales of the H2 reached 4,684 units in June. The H9, Haval brand's only model which achieved positive sales growth in June, posted 1,088 units with a year-on-year rise of 4.31%.