GAC Toyota boasts YoY surge of 64.58% in Nov. sales

Shanghai (Gasgoo)- GAC Group announced that its sales in November apparently grew 13.09% from the year-ago period to 204,135 units and the Jan.-Nov. sales rose 7.59% year on year (YoY) to 1,961,203 units.

GAC Motor boasted a YoY increase of 4.28% in year-to-date (YTD) sales. The sales driver Trumpchi GS4 had suffered substantial decline in the first half of the year under the fierce competition against such rivals as the Haval H6 and the Geely Boyue who promoted their change-over or facelift, while it saw the sales pick up after its facelift was launched in June. By the end of November, the sales of the Trumpchi GS4 have aggregated over 220,000 units.

GAC Motor launched the presales of its second MPV model—the Trumpchi GM6 at the 16th Guangzhou International Automobile Exhibition with price ranging between RMB115,000 and RMB165,000. The new MPV model is expected to compete with the BYD Song MAX and the Geely Jiaji, etc.

GAC Honda's YTD sales climbed 5.06% from a year earlier to 672,479 units with 89.66% of the 750,000-unit sales target completed already. The Accord, the Fit and the CRIDER were quite popular with their sales amounting to 18,648 units, 11,442 units and 13,779 units last month. Besides, all three models achieved double-digit YoY increase in November sales, according to Honda's China sales report.

The other two major Sino-Japanese joint ventures—GAC Toyota and GAC Mitsubishi both accomplished double-digit YoY growth in Jan.-Nov. sales.

As to commercial vehicle performances, GAC Hino and GAC BYD witnessed their cumulative sales skyrocket 78.47% and 1405.72% from the year-ago period to 3,598 units and 4,999 units, having already fulfilled their original annual sales targets.