Monday, 20 May 2019 09:23 GMT
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Sales of Guangzhou Automobile decline in Jan.-Feb.




(MENAFN) Chinese automaker Guangzhou Automobile Group Co., Ltd. posted a 4 percent drop in its auto sales in the first two months of 2019, mainly due to a plunge in SUV sales.

Its automobile sales in last two months reached 311,974 units, compared to 325,055 units in the same period last year.

During the period, its sedan sales increased 27.1 percent year on year to 169,419 units, and the MPV sales surged 79.8 percent to 14,338 units, while the SUV sales dropped 30.3 percent to 127,861 units.

Moreover, the carmaker reported sales growth with GAC Honda Automobile and GAC Toyota Motor, but sales declines with other subsidiaries.

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Sales of Guangzhou Automobile decline in Jan.-Feb.

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