GAC Group Reports Strong Sales Performance in December 2024
Shanghai (Gasgoo)- GAC Group recently announced its sales figures for December 2024, showcasing impressive growth compared to the previous year. The group sold 283,231 vehicles in the month, marking a 9.3% increase year-on-year and a significant 42.3% increase from the previous month. Despite a decline in total annual sales for 2024, GAC Group is optimistic about achieving a 15% year-over-year growth in annual sales for 2025.
GAC Trumpchi, one of the group’s self-owned brands, reported strong performance in December with sales of 58,056 vehicles, a remarkable 64.35% increase from the previous year. The brand’s annual sales saw a slight uptick, driven by a significant surge in sales of new energy vehicles (NEVs). GAC AION also showcased impressive results, with December sales reaching 67,683 units and the AION RT model setting a new monthly sales record.
On the joint venture front, GAC Toyota and GAC Honda reported mixed results, with both experiencing declines in annual sales. However, GAC Group’s exports surged by 67.6% year-on-year in 2024.
The group’s international market expansion efforts were highlighted at the Paris Motor Show 2024, where key models under its self-owned brands were showcased. GAC launched its “European Market Plan” at the event, signaling a new phase in its expansion in Europe. By the end of 2024, GAC products were available in 74 countries and regions, supported by a growing global sales and service network.
In terms of production strategy, GAC Group made significant strides in 2024 with the establishment of overseas warehouses and the launch of production facilities in Malaysia and Thailand. The group’s Indonesia factory is also in progress and is slated to begin operations in early 2025, further enhancing its global production capabilities.
