GAC Trumpchi sees June sales grow 18.92% after 5-month-in-a-row slump

Shanghai (Gasgoo)- GAC Group output 157,973 vehicles in June with a year on year decline of 19.12%, while its June sales climbed 5.59% from the previous year to 188,970 units, the automaker said on July 5.

Although CV sales in June slumped 59.8% over a year ago to only 203 units, the 5.78% year-on-year growth in PV sales (188,767 units) still enabled the total sales to grow positively.

As to the monthly performance of each segment, SUV sales edged down 1.9% from the year-ago period, but sedan and MPV sectors achieved a year-on-year increase of 10.47% (to 100,598 units) and 38.58% (to 8,348 units) respectively.

The Guangzhou-based automaker posted a slight decrease of 1.69% in year-to-date sales. Meanwhile, its vehicle outputs for the first half of 2019 slid 9.49% from a year earlier to 948,157 units.

（Photo source: GAC Honda)

Aside from GAC FCA, GAC Mitsubishi and GAC Hino, the other subsidiaries all gained positive sales growth in June. The first two places by monthly sales were still occupied by GAC Honda and GAC Toyota whose sales rose 8.63% and 8.82% from the year-ago period respectively. Based on the data previously collected by Gasgoo, both joint ventures never came across year-on-year downturn so far this year.

(Photo source: GAC Group's WeChat account)

A bright spot should be highlighted is that GAC Motor saw its monthly sales jump 18.92% year on year after suffering 5 consecutive months of decrease. Nevertheless, the GAC's self-owned brand still posted 30.3% drop in year-to-date sales affected by steep sales decline for the first five months.

There are still several new models to be rolled out by the auto group in the second half of 2019. For instance, the GAC Aion LX BEV and the all-new Trumpchi GA6 will hit the market this year. GAC Honda is ready to hand over the VE-1 all-electric SUVs to consumers in the third quarter. Besides, GAC Toyota will introduce a fresh pure electric sedan into the market as well.