Chery Holding Achieves Record Sales in October 2024
Chery Holding, a leading automotive company, reported impressive sales figures for October 2024. The company sold a total of 272,155 vehicles during the month, marking a significant 35.9% increase compared to the same period last year. This strong performance reflects the company’s continued growth and success in the competitive automotive market.
In addition to strong domestic sales, Chery Holding also saw growth in its export business. The company exported 111,922 vehicles in October, representing an 18.8% increase from the previous year. This demonstrates Chery Holding’s ability to compete in international markets and expand its global presence.
One of the standout achievements for Chery Holding in October was its new energy vehicle (NEV) sales. The company sold 71,330 NEVs during the month, surpassing the 70,000-unit mark for the first time. This impressive performance represents a remarkable 342.1% increase compared to the same period last year, highlighting Chery Holding’s commitment to sustainability and innovation.
Overall, Chery Holding’s cumulative sales for the year up to October 2024 reached 2,024,948 vehicles, a 39.3% increase compared to the previous year. This achievement not only surpasses the company’s sales figures for 2023 but also sets new records for year-to-date sales, single-month sales, exports, and NEV sales.
The success of Chery Holding can be attributed to the strong performance of its main brands. The Chery brand, in particular, saw monthly sales of 165,289 vehicles in October and a total of 1,278,830 units for the year so far, representing a 32.4% year-on-year increase.
The EXEED brand also performed well, selling 16,594 vehicles in October and reaching a year-to-date total of 112,540 vehicles, a 17.2% increase compared to the previous year. Similarly, JETOUR recorded strong sales figures, with 62,655 vehicles sold in October and a total of 439,327 for the year, an 89.3% surge from the previous year.
The iCAR brand saw sales of 6,965 vehicles in October, totaling 49,763 vehicles year-to-date. Additionally, the LUXEED R7 model, developed in partnership with Huawei, achieved a delivery volume of 6,897 units in October, further highlighting Chery Holding’s commitment to innovation and collaboration.
In conclusion, Chery Holding’s record-breaking sales in October 2024 demonstrate the company’s strong performance and growth trajectory. With a focus on new energy vehicles and expanding its global presence, Chery Holding is well-positioned for continued success in the competitive automotive market.
