GAC Group posts 6.78% year-on-year drop in Aug. sales

Shanghai (Gasgoo)- GAC Group's auto sales slide 6.78% year on year to 161,774 units in August, the automaker reported on September 9.

For the first eight months, the group sold a total of 1,319,386 vehicles, a decrease of 2.99% compared with the year-ago period.

PV sales in August reached 161,581 units, falling 6.4% from the previous year. Of that, car and MPV sales evidently rose 13.22% and 25.42% respectively, while their growth was completely counteracted by the 26.25% year-on-year decrease in SUV sales.

（Photo source: GAC Honda)

GAC Honda saw its Aug. sales edge up 1.89%, versus the 8.6% year-on-year decrease in July sales. The joint venture with Honda was ranked seventh among Chinese automakers by August PV wholesale volume, according to the China Passenger Car Association (CPCA).

（Photo source: GAC Toyota)

GAC Toyota still maintained its rising momentum. The joint venture sold 58,000 new vehicles last month, a year-over-year growth of 6.34%. Year-to-date sales jumped 19.44% to 431,224 units.

GAC Mitsubishi, witnessed its monthly sales edge down 5.26 % to 10,800 units in this year's August.

（Photo source: GAC Trumpchi)

GAC Motor, the group's self-owned PV subsidiary, saw its August sales tumble 28.75% to 29,931 units. Its Jan.-Aug. sales represented a double-digit drop as well.

In last August, the all-new Trumpchi GA6 hit the market. GAC Motor reportedly plans to roll out two new SUV models in the second half—the all-new Trumpchi GS4 and the facelift of the GS8.