Geely sales continue to surge; Great Wall deliveries slump
Geely Automobile Holdings maintained robust sales growth in July, with deliveries jumping 32 percent year on year to 120,277 vehicles. By contrast, Great Wall Motor Co.’s sales slumped 21 percent last month from a year earlier to 54,334.
Through July, Geely’s deliveries surged 43 percent from a year earlier to 886,907 vehicles.
For Great Wall, the July sales decline stemmed from a 31 percent plunge in deliveries of the Haval brand, which specializes in mass-market crossovers and SUVs. Haval’s July sales totaled 37,294.
Since last year, Great Wall has begun selling three models –- the VV5 and VV7 compact crossovers and the P8 SUV -- under its new premium Wey brand. But with the three products combined generating only 7,080 sales last month, Wey failed to shore up Great Wall’s sales.
Great Wall stopped developing sedans several years ago. Sales of the company’s only sedan model, the Great Wall-badged C30 compact, shrank to 872 in July.
As pickup demand remained strong on the domestic market, sales of Great Wall’s Wingle pickup brand rose 7.9 percent to 9,088 last month.
For the first seven months, Great Wall’s sales dipped 0.8 percent from a year earlier to 525,849.