AutoBeta(AutoBeta.net)04/08 Report--

The car market began to experience a cold wave in the second half of last year, but the situation in 2019 is still not optimistic. Sales by domestic independent car companies have basically declined, but Great Wall Motor has bucked the trend. Sales rose slightly by 1.52% in January and 18.34% in February, while Great Wall Motor also achieved 16.82% year-on-year growth in March. So far, Great Wall has sold a total of 283842 vehicles in the first quarter of this year, reaching 23.65 percent of its sales target of 1.2 million vehicles in 2019.

Great Wall Motor released production and sales of KuaiBao in March 2019, with sales totaling 103090 vehicles in that month, up 16.82 percent from the same period last year, of which 10247 were sold by the WEY brand, down 27.48 percent from the same period last year; Harvard subsumed 70570, up 17.82 percent from the same period last year, and 7031 under the Euler brand.

In the first quarter of this year, Great Wall sold 283842 vehicles, up 10.61% from a year earlier, while WEY sold 26619 vehicles, while Harvard SUV sold 206038 vehicles, up 14.13% from a year earlier.

In terms of the Harvard brand, thanks to the popularity of the Harvard M6 and the new model Harvard F7, Harvard sold 70570 new cars in the month, up 17.82% from a year earlier, while Harvard H6 sales in June were 31131, down 18.84% from a year earlier. Harvard H2 almost lost ground, with monthly sales of only 5699. Harvard SUV sales totaled 206038 vehicles in the first quarter of this year, up 14.13% from a year earlier.

The WEY brand is still not optimistic. In March, the sales of VV5, VV6, VV7 and P8 were 2063, 5461, 2613 and 110. the cumulative sales of the four models in that month just exceeded 10,000, down 27.48% from the same period last year. In addition, the new energy brand "Euler" was officially launched in August last year, with cumulative sales of 7031 vehicles in March and 14096 in the first three months of this year.

Great Wall Motor sold 1.053 million vehicles in 2018, down 1.6% from the same period last year. In the face of the overall downturn in the Chinese car market, Great Wall still set a sales target of 1.2 million vehicles in 2019, while Great Wall Motor made a good start in the first three months of this year. 23.65% of the 2019 sales target has been achieved in the first quarter of this year, but it remains to be seen whether Great Wall will get the last laugh.

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