Changan Automobile posts 34.7% year-on-year drop in May sales
Shanghai (Gasgoo)- Chongqing Changan Automobile Co.,Ltd (hereinafter referred to as Changan Automobile) said on June 12 that its vehicle sales in May reached 113,497 units, slumping 34.7% year on year and dropping 6.4% month on month. Meanwhile, auto outputs sharply shrink 32.4% over a year ago to 116,995 units.
For the first five months, the automaker saw its vehicle outputs and sales decline 29.1% and 32.9% from the previous year respectively to 702,786 units and 683,553 units.
Changan Automobile announced via its WeChat account that the May retail sales of Changan’s self-owned vehicles edged up 4.7% from a month ago to 103,474 units, which made the cumulative number of the year total 558,641 units.
The May retail sales of the CS75, the CS55 and the CS35 were 10,309 units, 9,537 units and 8,877 units, jumping 49.8%, 57.4% and 12.4% from the previous month. By the end of May, the cumulative retail sales of the three SUV key drivers amounted to 57,080 units, 52,607 units and 56,167 units respectively.
The year-to-date deliveries of the EADO series aggregated 52,311 units, of which the May volume was 9,562 units with a month-on-month growth of 10.3%.
The automaker also reported that a total of 3,298 Changan-branded NEVs were handed over to consumers in May, an increase of 10.2% over a month ago. The Jan.-May NEV deliveries totaled 14,633 units.
On May 10, Changan Automobile officially kicked off the presale of the CS85 COUPE 1.5T that meets China Stage 6 Emission Standard, offering another option to young consumers. The new model has hit the market on June 6 with its three variants priced from RMB119,900 to RMB137,900.
Earlier this month, the Chongqing-based automaker launched an all-new powertrain brand dubbed Blue Core. It is reported that the 1.4T engines based on the Blue Core medium- and small-displacement high-performance engine platforms will be applied in such hotter-selling models as the EADO series and the CS35 PLUS and are set to hit the market next month.
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