AutoBeta(AutoBeta.net)02/12 Report--

On February 11, Chery Holdings Group released its first report card for the new year. Data show that Chery Holdings Group sold 107710 vehicles at its terminals in January, an increase of 20 percent over the same period last year and a record high for the same period. Wholesale sales in January were 87040, up 11.8 per cent from a year earlier. Specifically, Chery Group's overseas export sales were 26900, up 60.9% from the same period last year, and new energy vehicle sales were 20635, up 179.6% from the same period last year.

From the perspective of Chery Holdings' car brands, Chery maintained a strong growth momentum, with sales of 67486 vehicles in January, up 34.3% from a year earlier. Among them, the star model Ruihu 8 series sold 16686 cars (including exports) in January, an increase of 12.3% over the same period last year. Xingtuo Motor, as a high-end brand of Chery, is not outstanding in terms of market performance. Chery Group did not directly announce its January sales, only announced a year-on-year increase of 50.1% (including exports). Jettos, the brand after Chery, may be due to poor sales, and Chery also did not directly report its January sales.

Looking back on the topic of sales in January, it is worth noting that in terms of new energy vehicle sales, the total delivery volume of Chery QQ ice cream and small ant models in January was 19391, a sharp increase of 189.8% compared with the same period last year, setting a new record for monthly delivery of Chery new energy. In terms of specific models, Chery Little Ant delivered 9407 vehicles in January, an increase of 50.9% over the same period last year; Chery QQ ice cream sales in January were 9984, up 19% from the previous month. According to statistics, the cumulative order for QQ ice cream has exceeded 70, 000 since its launch, making it a well-deserved "dark horse" at the beginning of this year.

Chery QQ ice cream went on sale on the evening of December 28th last year. The new car is positioned as a mini electric car. The new car is available in three models (including pudding, sugar cone and sundae) in NEDC integrated mode 120km and 170km. The price is in the range of 29900 yuan to 43900 yuan. Before the new car is on the market, data show that 24 hours after the release of Chery QQ ice cream, its order has exceeded 15624, plus previous blind bookings and small bookings. Its order number has exceeded 60,000 vehicles, which can be called a phenomenal product.

According to public data, Chery Holdings' automotive sector covers passenger vehicles and commercial vehicles, including Kairui cars and Wanda buses, while passenger cars include Chery, Chery New Energy, Xingtu, Jaguar Land Rover, etc., according to data, Chery Group sold 961926 vehicles in 2021, an increase of 31.7 percent over the same period last year.

According to the previous statistics concerned by the automobile industry, there are mainly five models for sale under the Chery brand: Ruihu 8, Ruihu 7, Ruihu 3, Ruihu 5X and Erize 5PLUS, covering small SUV, compact SUV, medium-sized SUV and compact cars, of which Ruihu 8 has the highest sales, which is also the only medium-sized SUV under the Chery brand. According to relevant data, Chery sold 656846 vehicles (including exports) in 2021, an increase of 46.3% over the same period last year, of which Ruihu 8 sold 120684 vehicles, accounting for 18% of the total brand sales. In terms of new cars, Chery announced on February 9 that its new medium-sized SUV Chery OMODA 5 will officially go offline at the second final assembly workshop in Wuhu, Anhui Province. the new car may be officially launched in the second quarter of this year, with an estimated price range of 11-150000 yuan.

As a key strategy for Chery to hit high-end brands, Xingtu Motor has four models on sale, namely, Yuyue, Lingyun, Zhuifeng and TX. In the past 2021, Xingtuo sold a total of 37155 vehicles, an increase of 121% over the same period last year.

Jetway, a brand series under Chery Holdings Group, was founded in 2018 and officially became an independent car brand in July last year. At present, Jetway has X90, X70, X70M, X95 and other models on sale, as well as the Xmuri 1 model, which will be put on the market this year. However, except for the X70, the market sales of other models are very mediocre. Judging from the sales data in 2021, the cumulative annual sales volume of Jettos is 154077. Year-on-year growth of 17.9%, December 2021 sales of 20136 vehicles, of which the main sales come from the Jettos X70 series, with a cumulative total of 124647 vehicles in 2021, with an average monthly sales of more than 10, 000 units. In addition, on January 10 this year, Jetta officially released four product series layouts of X, T, P and V, focusing on SUV, hard off-road, hard pickup and MPV models respectively. At the same time, Jetta also unveiled the new hard-core SUV concept car, which has an annual sales target of 20-300000 units in 2022, according to the Jetta car plan.

With regard to this year's sales target, in December last year, Chery Holdings Group issued a sales plan for 2022: ensuring annual sales of 1.5 million vehicles, striving for 2 million vehicles, and annual operating income of 200 billion yuan. Let's wait and see whether Chery Group can achieve its target on schedule.

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