Home Technology peripherals It Industry Great Wall Motor's sales grew strongly in March, with impressive performance in new energy and overseas markets

Great Wall Motor's sales grew strongly in March, with impressive performance in new energy and overseas markets

Apr 02, 2024 pm 01:43 PM
Great Wall Motors

According to the latest statistics, April consumption data shows that Great Wall Motors recently disclosed sales data for March, showing strong market performance. According to statistics, Great Wall Motors sold a total of 100,276 vehicles in March, an increase of 11.02% compared with the same period last year. In the first quarter of this year, Great Wall Motors' cumulative sales reached 275,333 vehicles, with a year-on-year growth rate of 25.11%. This strong sales data demonstrates Great Wall Motors' solid position in the market.

Great Wall Motors sales grew strongly in March, with impressive performance in new energy and overseas markets

The latest data shows that Great Wall Motors has also achieved remarkable results in the field of new energy vehicles. As of March, sales of new energy models were 21,882 units, a year-on-year increase of 66.34%. In addition, Great Wall Motors also showed strong growth momentum in overseas markets. Overseas sales in March were 35,815 vehicles, a year-on-year increase of 60.66%. With the support of these data, Great Wall Motors is steadily becoming an important player in the global automobile industry.

Data shows that with the growth of the small SUV market, Great Wall Motor's various sub-brands are also showing good development momentum. The Haval brand sold 54,055 vehicles in March, a year-on-year increase of 13.99%. Among them, the Haval Raptor is gradually becoming a popular model in the new energy off-road SUV market with its advanced Hi4 intelligent four-wheel drive hybrid technology. The tank brand sold 18,953 units in March, a significant year-on-year increase of 58.6%, firmly ranking as the sales champion in the domestic off-road SUV market. Great Wall pickup truck sales in March were 17,569 units, continuing to lead the Chinese pickup truck market in terms of sales, with its domestic market share exceeding 50% many times.

Great Wall Motors sales grew strongly in March, with impressive performance in new energy and overseas markets

#In the high-end market, the Great Wall Motors brand has also achieved remarkable results. In March, Great Wall sold 3,608 vehicles, a year-on-year increase of 182.98%. The sales growth rate of Great Wall Blue Mountain and Alpine models also continues to increase. In addition, as a brand focused on female consumers, Great Wall Continental sold 6,022 vehicles in March, and its cumulative sales in the first quarter of this year were 15,029 vehicles.

In terms of finance, Great Wall Motors also recently announced its 2023 full-year financial report. Data shows that the company achieved revenue of 173.2 billion yuan for the whole year, a year-on-year increase of 26.12%, and net profit reached 7.023 billion yuan. Cumulative sales for the year reached 1.23 million vehicles, a year-on-year increase of 15.85%.

At present, Great Wall Motors is actively expanding its global business. Its products have been launched in more than 170 countries and regions, and its overseas market layout is accelerating.

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