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Both GAC GROUP and Liangtian sold 218000 vehicles in November.

iconDec 8, 2020 08:17

SMM News: on the evening of December 8, GAC GROUP announced the latest production and sales data. In November, the group achieved 218000 car sales, an increase of 11.4% over the same period last year. From January to November, the group sold a total of 1.835 million new cars, down 2.2% from the same period last year.

From the perspective of joint ventures, except for Guangben and Guangben to achieve growth in November, the rest showed a downward trend. Among them, GAC Honda sold 86000 vehicles, up 22.6% from the same period last year; GAC Toyota sold 77000 vehicles, up 13.8% from the same period last year; GAC Fick sold 4000 vehicles, down 39.4% from the same period last year; and GAC-Mitsubishi sold 9000 vehicles, down 25.0% from the same period last year.

From January to November, GAC Honda sold 725000 new cars, a slight increase of 0.6% over the same period last year; GAC Toyota sold 693000 vehicles, up 11.0% from the same period last year, with the largest increase; GAC Fick sold 35000 vehicles, down 44.7% from the same period last year; GAC-Mitsubishi sold 64000 vehicles, down 46.4% from the same period last year.

In terms of independent sectors, GAC MOTOR's sales picked up obviously, with sales of 41000 new cars in November, up 5.3% from January to November, with cumulative sales of 315000 vehicles, down 8.7% from the same period last year, further narrowing the decline.

According to specific types, in November this year, GAC GROUP sold 103000 cars, down 1.8% from the same period last year; 14000 MPV models, up 34.3% from the same period last year; 80000 SUV sales, up 25.4% from the same period last year.

Editor's comments:

In terms of sales contribution, the total sales of Guangfeng Guangben in November accounted for 75% of the group's total sales. From January to November, the cumulative sales accounted for 77%. It can be seen that the two major Japanese joint ventures are the main sales force of GAC GROUP. However, under the influence of the epidemic and the downward environment of the auto market, GAC MOTOR, an independent sector, is still working hard to improve and warmed up in November, an achievement that should be encouraged. At present, with the lifting of passenger car stock ratio restrictions approaching, major companies are also working hard to support the growth of independent sectors, in order to deal with possible potential risks in the future and avoid falling into the current situation of brilliance Group.

GAC GROUP
car

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