Export Sales of Chery Group Increased by 12.6% from January to April
It is learned that Chery Group sold 55,588 vehicles in April. From January to April, a total of 284,865 vehicles were sold, up 0.9 percent year-on-year, of which 84,993 vehicles were exported, up 12.6 percent year-on-year, creating a new record for export in the same period in history.
In April, the automobile industry was under pressure due to chip shortage and COVID-19 resurgence. According to data from the China Association of Automobile Manufacturers, the sales volume of automobile industry decreased by 47.6 percent year-on-year in April. At present, about 30% of Chery’s primary suppliers are located in Shanghai, which is under lockdown management. Wuhu, where the group headquarters and the main production base are located, has also experienced “static management” for nearly a week due to the pandemic, and the sales volume of Chery Group in April decreased by 27.6% year-on-year due to factors such as insufficient production capacity.
In the face of challenges, Chery Group actively maintained supply and stabilized production. At the beginning of May, the production capacity returned to about 70% of the normal period. Chery Group has also accelerated the launch of new models of different automobile brands based on the needs of consumers, constantly creating new experiences and new values for them, and minimizing the negative impact brought by the pandemic and unstable supply chain when the sales volume of the automobile industry in April was almost “halved”.
Translated by Wang Mengxiao from Foreign Affairs Office of Wuhu Municipal People’s Government