Chery Holding sees 37.8% YoY leap in February auto sales

Beijing (Gasgoo)- In February, Chinese automaker Chery Holding sold 143,155 vehicles, marking a year-on-year jump of 37.8%, according to the company’s announcement on March 3.

Photo credit: Chery

Chery Holding’s cumulative sales for January and February this year reached 348,019 vehicles, zooming up 69.5% from that of a year ago. 

As to performance of the company’s each brand, the Chery brand saw a monthly sales volume of 97,562 vehicles in February, which surged 41% compared to the same period last year. Cumulative sales for the first two months of this year totaled 232,692 vehicles, leaping 67.1% year over year.

Meanwhile, the EXEED brand recorded monthly sales of 7,910 vehicles in February, marking a year-on-year growth of 56.4%. In the Jan.-Feb. period, EXEED sold a total of 16,840 vehicles, reflecting a robust hike of 71.7% from a year ago.

The JETOUR brand experienced a 76.7% year-on-year surge in monthly sales, with 29,017 vehicles sold in February. In the first two months of 2024, JETOUR’s cumulative sales reached 71,973 vehicles, demonstrating a significant year-over-year soar of 121.9%.

Chery Holding is accelerating the introduction of new energy vehicle products, offering a diverse range of high-performance hybrid and pure-electric vehicles to users. 

On February 28, Chery's new energy vehicle brand, iCAR, put its first product, the "All-Aluminum Electric Four-Wheel Drive" SUV, the iCAR 03, onto the market. Featuring a trendy square-box exterior design, exceptional handling, and intelligent features, the iCAR 03 is priced between 109,800 yuan and 169,800 yuan.