GAC Group gains two-digit YoY growth in both Sept., YTD auto sales

Shanghai (Gasgoo)- GAC Group, one of the major Chinese automobile groups, announced it sold 237,172 vehicles last month, representing a 44.32% leap year-on-year, while also posting an 8.88% growth month-on-month.

As for the year-to-date performance, GAC Group saw its Jan.-Sept. auto sales jump 22.18% over a year earlier to 1,825,040 units.

Among the group's subsidiaries, GAC Honda was the only one to record a year-on-year decrease in Sept. sales. GAC Toyota scored a two-digit growth in both Sept. and Jan.-Sept. period with the most vehicles sold in the two spans. The other Sino-Japanese joint venture, GAC Mitsubishi, logged a 39.87% year-on-year drop in its year-to-date sales, but its Sept. sales were more than that of the prior-year level.

GAC AION, the new energy vehicle (NEV)-dedicated arm of GAC Group, boasted a three-digit surge in both Sept. and year-to-date sales. 

GAC Group announced its NEV sales reached 34,030 units in Sept. to reflect a 123.98% year-on-year hike, resulting in a year-to-date sales volume of 204,872 units (+124% YoY).

AION V Plus; photo credit: GAC AION

In Sept., the group had eight models whose respective sales all exceeded 10,000 units, namely, the Accord series (24,380 units), the Camry series (24,185 units), the Levin series (17,228 units), the AION S (13,522 units), the AION Y (13,408 units), the Wildlander series (12,985 units), the Breeze series (11,595 units), and the Frontlander (11,258 units).