2016, Great Wall Motor set up a high-end brands WEY, 2019, Great Wall project BMW formal foundation, the Russian factory started production. 2020, Great Wall Motor to acquire the General Motors plant located in India and Thailand. It can be said the last few years of operation of the Great Wall car frequently, starting from its own brand grow into independent high-end brands. Independent brands and high-end transition again from the globalization of the brand. And behind this series of impressive results, with revenue of Great Wall Motor powerful capabilities are inextricably linked.
2019 annual revenues of 96 billion
February 21, Great Wall Motor Co. shares company (hereinafter referred to as the “Great Wall Motor”) issued 2019 annual results Letters. 2019, Great Wall Motor to realize an annual total revenue of 96.455 billion yuan, net profit of 4.526 billion yuan, the second half of 2019, net profit of 2.975 billion yuan, up 94.3 percentage increase,
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2019 automobile market down, but the Great Wall’s sales grew
we all know that in 2019 the Chinese automobile market not a calm year, sales in the domestic automobile market as a whole saw a decline. But Great Wall Motor year sales still maintained a good growth, the annual sales of more than 1.06 million, an increase of 0.69 percentage, the fourth consecutive year exceeded one million sales mark, boosting growth for the company.
sales growth, due to excellent product strength
Great Wall Motor been able to maintain sales growth, with its own products are inseparable. 2019, as China’s SUV market leader, Havel brand with 769,000 outstanding achievements, the 10th consecutive year won Chinese SUV market, annual sales champion; WEY annual brand sales of over 10 million units again, since the brand was born cumulative sales of more than 32 ten thousand; Euler brand sold 39,000 new cars, market segments achieved sales growth of A00A; Great Wall pickup to achieve annual sales of 149,000, an increase of 7.85 percentage, for 22 consecutive years to maintain domestic and export sales double first.
go out, Great Wall Motor is the only way
recently we have seen, the spread of the pneumonia outbreak on the stock market has entered the Chinese automobile market resulting in a more difficult challenge, Great Wall Motor is the Chinese market has been SUV, pickups and other first multiple market segments, the face of the worsening situation in the domestic market, is the only way to go.
In addition, the Great Wall SUV, pickup models as well as practical and cost-effective, but also very consistent with the ASEAN countries, the actual needs of the local market in India. So in early 2020, the Great Wall decisively into Thailand and India. Going Global, that Great Wall Motor’s own development needs, but also conform to the Chinese market, the global market demand.