Great Wall Motor suffers YoY sales skid of 21.33% to 54,334 units in July

Shanghai (Gasgoo)- Great Wall Motor (GWM) delivered 54,334 vehicles in July, sliding 21.33% over the previous year. During the past seven months, GWM's cumulative sales reached 525,849 units, edging down 0.75% from a year ago. By far, GWM has completed 45.33% of its 2018 sales target.

The cumulative sales of GWM's major SUVs reached 44,374 units, representing a YoY sales slump of 25.95% and a MoM drop of 15.64%. From January to July, GWM delivered 447,330 SUVs, decreasing 2.25% from a year ago. Specifically, sales of Haval SUV reached 37,294 units in July, sliding 11.64% compared with last month and slumping 30.75% compared to the same period last year. The cumulative sales of Haval SUVs totaled 362,603 units during the past seven months. 

GWM's SUV suffered continuous sales drop for several consecutive months. Apart from Haval's widened sales drop, WEY, GWM's high-end brand, also suffered continuous sales decline. Deliveries of the WEY VV5 and VV7 reached 3,508 units and 3,032 units respectively in July, slumping 31.5% and 36.7% month on month respectively. What's more, the WEY P8, a PHEV under WEY, experienced first sale drop in July, with deliveries of 540 units, dropping 5.26% compared with last month.                                                            

In addition, GWM's pickups saw a YoY sales growth of 7.93% to 9,088 units in July. What's more, the sales of the GWM C30 reached 872 units with MoM and YoY sales rise of 22.64% and 21.96% in July.

The WEY VV6 will hit the market at the end of August. The new model will carry with all-new Collie intelligent safety system, mated with 20 intelligent driver assistance technologies.