Chery Holding boasts YoY sales growth for 8 consecutive months

Shanghai (Gasgoo)- Chery Holding saw its sales in October grew 13.5% from the previous year to 63,703 units, achieving evident year-on-year (YoY) increase for 8 consecutive months, according to the sales report released by the automaker.

Last month, the group's NEV (new energy vehicle) sales skyrocketed 379.1% over the year-ago period to 10,205 units. Meanwhile, it exported 8,829 vehicles, 14.1% more than that of the previous month.

For the first ten months, Chery Holding's year-to-date (YTD) sales rose 15.2% from a year earlier to 592,514 units. A total of 107,342 vehicles were exported with a YoY jump of 20.2%. Besides, its cumulative NEV sales soared 249.3% to 69,884 units.

Chery got several new products launched in market last month. The ARRIZO GX&EX, hitting the market on October 10, feature Chery's latest LION Intelligent Cloudsystem. 

Then, the Tiggo 5x 1.5L version went on sale on October 27. Positioned as a compact SUV and based on the T1X platform, the Tiggo 5x 1.5L version measures 4,358mm in length, 1,830mm in width and 1,670mm in height with a wheelbase of 2,630mm. Powering the vehicle is a 1.5L naturally aspirated engine that generates a maximum power of 85kW and torque peak of 141N·m.

Kevin Rice, the renowned former automotive designer of BMW Group, has been confirmed to officially join Chinese automaker Chery Automobile Co.,Ltd (Chery) from October 1 as vice president and global chief of car design. He will preside over the PV design for the new employers' global market to help Chery improve its product design and development capability across the world.