Chery Holding sells 745,000 new vehicles through 2019, Dec. sales leap 25.1% month on month

Shanghai (Gasgoo)- Chery Holding closed its 2019 with an annual sales volume of 745,000 new vehicles, versus 752,759 units for the year of 2018, according to Chery's statements. Of that, the sales of the group's self-owned models climbed 6.9% year on year.

Last month, the group sold 93,000 new cars, a remarkable growth of 25.1% compared with November, achieving month-by-month growth for five successive months.

As of December 12, Chery Holding has had 8.3 million users worldwide, of which over 1.6 million are overseas consumers.

（Photo source: Chery Automobile)

Three sales contributors not only featured monthly sales over 10,000 units, but boasted full-year sales topping 100,000 units. There were 116,494 all-new Tiggo 8 SUVs sold through 2019, 130.4% more than that of a year ago. The annual sales of Jetour series skyrocketed 245% over the prior-year period to 138,032 units. With 124,506 units sold, the Arrizo series posted a year-over-year growth of 11.8%.

（Photo source: Chery Automobile)

Driven by the sales growth of the all-new Tiggo 8 and the Arrizo series, Chery Automobile gained a stable growth of 9.4% in 2019 domestic sales. EXEED, a brand embodying Chery's aspiration to move upscale, rolled out three new models—the TX, the LX and the VX—within 2019.

（Photo source: Jetour)

Moreover, Jetour, a PV brand launched in 2018 by Chery Commercial Vehicle, has so far sold roughly 178,000 new vehicles. The brand is said to roll out five new models next year, including the X70 Coupe, the X70M, the new X70S, the 2020 X90 and the 2020 X95.

Last year, Chery Holding and its subsidiary Chery Automobile Co.,Ltd successfully got a same controlling shareholder, the private enterprise Qingdao Wudaokou New Energy Industrial Fund, as part of efforts for the state-owned group to achieve its strategic blueprint for 2025. The group will put forth utmost efforts to sell more than 1 million new vehicles and earn RMB150 billion in revenue in 2020.