Great Wall, BYD continue growth
Automotive News China
Automotive News | 2019-5-14
Great Wall Motor Co. and BYD Co. were the only two major domestic Chinese light-vehicle makers to buck the auto market¡¯s broad downturn in April. |
Deliveries at Great Wall, China¡¯s largest light truck maker, rose 2.5 percent to 83,838 last month on demand for two compact crossovers under the Haval brand.
The Haval H7, which hit dealer showrooms in November, generated sales of 10,140. Sales of the upgraded M6 surged 148 percent to 10,004 after Great Wall slashed the crossover¡¯s starting price by 27 percent in September 2018.
Deliveries at BYD, China¡¯s largest electrified vehicle manufacturer, gained 1.3 percent to 37,839 on demand for plug-in hybrids and electric vehicles.
During the month, combined sales of BYD.¡¯s plug-in hybrids and EVs surged 73 percent to 24,011 while deliveries of its traditional vehicles plunged 41 percent to 13,828.
In the first four months, Great Wall¡¯s sales increased 8.7 percent to 367,680 while BYD¡¯s deliveries rose 4.2 percent to 155,417.
Three other major domestic light vehicle makers-- Geely Automobile Holdings, SAIC Motor Corp. and GAC Motor Co. ¨C all posted sharply lower April sales.
Geely¡¯s sales slumped nearly 19 percent to 103,908 while deliveries of GAC Motor Co.¡¯s proprietary Trumpchi brand tumbled 38 percent to 26,832.
Combined deliveries of SAIC Motor Corp.¡¯s Roewe and MG brands also fell 9.1 percent to 56,605.
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