Chery Holding clocks 67.5% year-on-year leap in Jan.-Apr. exports

Shanghai (Gasgoo)- Chery Holding reported a sales volume of 40,079 units for the month of April, which were 15.5% more than that of a month earlier.

Chery Automobile's domestic market performance posted a solid rebound with the sales jumping 30.3% month on month. Besides, its NEV sales in April surged 112.5% from a month ago.

The group was imbued with new energy by overseas business, said Chery Holding. For the first four months, it exported a total of 31,845 vehicles, of which 30,008 units were the contribution of Chery Automobile, showing a year-on-year leap of 67.5% despite the impact of the coronavirus pandemic on overseas markets.

(Tiggo 5x, photo source: Chery Automobile)

Instead of lowering annual production and sales targets, Chery Holding opts to pass through the coronavirus-caused ordeal by means of alleviating dealers' pressure, developing innovative marketing business models and improving services to meet consumers' new demands, etc.

To be specific, Chery Automobile plowed RMB60 million worth of special funds to help its dealerships further expand markets. To facilitate consumers in car shopping, the automaker fully launched online platforms to promote the development of clicks-and-mortar business model.

(Jetour X70M, photo source: Jetour)

Jetour, a PV brand launched in 2018 by Chery Commercial Vehicle, saw its sales in April grow 11.2% compared to March. It took Jetour only 18 months to see its 200,000th vehicle roll off the production line. After the production and operation were resumed, the automaker put a new model, the Jetour X70M, onto the market in March, which somewhat contributed to the brand's sales growth.

As the X70 Coupe hit the market on April 29, the rising impetus is expected to be maintained for Jetour.