Articles Tagged with "Great Wall Motor"

Great Wall Motor sees Q1 2021 sales shoot up 125.37% YoY
Great Wall Motor sees Q1 2021 sales shoot up 125.37% YoY

Great Wall Motor (GWM) sold 338,798 new vehicles in the first quarter of 2021 (Q1), posting a robust growth of 125.4% compared to the previous year.

Apr. 9 , 2021
Great Wall Motor logs double-digit growth in 2020 net profit
Great Wall Motor logs double-digit growth in 2020 net profit

According to GWM’s 2020 financial results, its full-year net profit attributable to shareholders reached 5.362 billion yuan ($816.519 billion), up by 19.25% from the previous year.

Mar. 31 , 2021
Great Wall Motor to plow 3 billion yuan over next 3 years in hydrogen R&D
Great Wall Motor to plow 3 billion yuan over next 3 years in hydrogen R&D

Great Wall Motor (GWM) has to-day invested 2 billion yuan ($304.822 million) in the R&D of hydrogen energy business and will pour another 3 billion yuan ($457.233 million) over the next three years.

Mar. 29 , 2021
Great Wall Motor’s Jan. sales surge 73.2% YoY, while down by 7.39% MoM
Great Wall Motor’s Jan. sales surge 73.2% YoY, while down by 7.39% MoM

Great Wall Motor (GWM), the Chinese largest SUV and pickup manufacturer, saw its monthly auto sales rocket 73.2% over the previous year to 139,012 units in January 2021. However, the Jan. sales were down by 7.39% compared to the previous month.

Feb. 7 , 2021
Great Wall Motor gains 19% YoY growth in 2020 net profit
Great Wall Motor gains 19% YoY growth in 2020 net profit

Great Wall Motor said its annual revenue hit a record high of 103.283 billion yuan in 2020, rising 7.35% compared to the previous year. Its full-year net profit attributable to shareholders jumped 19% year on year to 5.392 billion yuan.

Jan. 26 , 2021
Great Wall Motor to raise up to 8 billion yuan for new model, auto digitalization R&D
Great Wall Motor to raise up to 8 billion yuan for new model, auto digitalization R&D

Great Wall Motor intends to issue convertible bonds worth not more than 8 billion yuan ($1.235 billion) with the net proceeds to be evenly invested in the R&D of new vehicle models and automobile digitalization.

Jan. 25 , 2021