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GAC Group Sells 2.1479 Million Vehicles in 2018 with an YoY Increase of 7.34 pct

November 04, 2019


Abstract :  GAC Group produced 2.194 million vehicles in 2018, up 8.77% year on year, and sold 2.1479 million vehicles, up 7.34% year on year. 

In the evening of January 4, GAC Group (601238) released its production and sales bulletin of December 2018. The data showed that GAC Group produced 2.194 million vehicles in 2018, up 8.77% year on year, and sold 2.1479 million vehicles, up 7.34% year on year. GAC Group's auto sales continued its steady growth in market performance and created a new height.

According to another report, the bulletin on December 28, 2018 showed that the 11th Meeting of the 5th Board of Directors of GAC Group reviewed and approved the 2019 business plan. In 2019, the Company will plan to launch more than 10 new, upgraded and modified models, including brand-new model from new energy exclusive platform, Trumpchi GA6 refreshment and GS8 modification, to strive to meet the target of automobile sales growth of more than 8% year on year. (Source: Official website of GAC Group)

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