Great Wall Motor sees Jan.-May sales for 2019 rise 5.11% over year-ago period
Shanghai (Gasgoo)- Great Wall Motor said on June 11 that its sales in May fell 11.78% year on year to 62,559 units, while year-to-date (YTD) sales still grew 5.11% from a year ago to 430,239 units.
For the month of May 2019, the automaker saw its SUV sales volume decline 15.91%, which mainly resulted from the downturn in WEY’s sales. There were 6,217 units of WEY-branded SUVs sold last month, the year-on-year decrease for the 9th month in a row. Of that, the sales of the VV5 and the VV7 plunged 81.86% and 79.10% over the previous year respectively, while the VV6, which hit the market at the end of last August, have been maintaining its monthly sales exceeding 4,000 units since the beginning of 2019.
The mainstay SUV brand Haval also confronted a year-on-year decrease of 9.4% in May sales. Aside from the Haval M6, F5 and F7, the other models all came across double-digit decline. Nevertheless, Haval's YTD sales still rose 8.63% thanks to the growth in the sales of Haval M6 and the fresh power from the F series.
Although the sales of the Wingle pickup in May substantially shrank 29.18%, while its cumulative sales of the year edged up 2.76%. At the recent Innovative Auto Show, Great Wall Motor launched the Wingle 7 diesel-fueled pickup that fits the China Stage 6 Emission Standard and officially handed over the new pickup on June 6.
The NEV brand ORA sold 4,541 cars last month, among which the sales of the ORA R1 and the ORA iQ were 3,790 units and 751 units.
Great Wall Motors' Tula factory in Russia, the Chinese automaker's first wholly-owned full-process manufacturing plant outside its home market, was formally put into production on June 5, 2019. The new factory was completed following four years of construction with a planned annual capacity of 150,000 units, 65% of which will be produced locally. In the meantime, the automaker's first model being sold worldwide, the Haval F7, rolled off the production line and is now available in markets outside of China. These are two milestones for the automaker’s global strategy and key steps to set China-owned car brands on a new journey to world markets.
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