Chery Holding boasts 36.4% year on year jump in Nov. sales

Shanghai (Gasgoo)- China's Chery Holding sold roughly 101,900 new vehicles in November, boasting a year-on-year surge of 36.4%, the best-ever figures in terms of both monthly sales and growth rate, the company said via its WeChat account.

To be specific, domestic sales leapt 31.7% from a year ago to 88,454 units last month, and export volume surged 78.3% to 13,446 units.

Of the vehicles sold in Nov., 7,623 units were new energy vehicles (NEVs), a year-over-year hike of 67.5%.

Thanks to the robust demands of Tiggo and Arrizo series, Chery Automobile saw its Nov. sales shoot up 52.6% from the year-ago period to 20,677 units.

All-new Tiggo 8; photo credit: Chery Automobile

The sales of the Tiggo 8 series, the major sales contributor of Chery Automobile, amounted to 20,677 units, soaring 52.6% from the previous year and exceeding 10,000 units for the fifth month in a row.

Jetour X70 PLUS; photo credit: Jetour

Jetour, the product lineup launched in 2018, witnessed the monthly sales of the “70” and “90” series reach a record high of 20,507 units last month, 44% more than that of the year-ago level.

Chery New Energy, the group's NEV business arm, sold 7,620 vehicles in Nov., representing a substantial hike of 239.3% over a year earlier.

Chery Holding said its overseas businesses also achieved growth. For the first eleven months, the group exported 100,126 new vehicles, a year-on-year increase of 15%. As of Nov., Chery Holding has exported nearly 1.7 million units in total and owned over 8.9 million users worldwide.

As for joint ventures' performances, Chery Jaguar Land Rover and Cowin Auto posted 9.4% and 31.5% growth with 52,000 and 26,000 vehicles sold in Jan.-Nov. period.