Changan Automobile gets first-time YoY growth after 18 successive months

Posted on 12/11/2019 4:21:05 PM

Chongqing Changan Automobile Co., Ltd (Changan Automobile) said its auto sales in November jumped 12.6% year on year, for the first time showing increase after 18 consecutive months. 
Thanks to the sales rebound in November, the decrease in Changan's year-to-date sales has been contracted to 18.7%. Actually, the number has been successively shrinking after May. 
The double-digit growth was a coefficient result from the rising impetus of each subsidiary. Hebei Changan and Changan Ford were the only two whose Nov. sales represented decline over a year ago, while the decrease for both of them was smaller than that of the previous month.
The other subsidiaries all achieved year-on-year growth. Notably, Hefei Changan's Nov. sales zoomed up 303.5% to 25,131 units, and it was also the only one that gained increase in Jan.-Nov. sales. Besides, Changan Mazda saw its sales pick up after a three-consecutive-month year-over-year drop.
The sales volume of Changan's self-developed vehicles totaled 134,736 units in November, climbing 8.9% month on month and leaping 18.1% year on year. The year-to-date volume had exceeded 1 million units as of October, according to a statement posted on Changan's WeChat account.
To be specific, Nov. sales of the CS75 and the CS35 SUVs were 27,220 units (+126.2%) and 15,994 units (+25.4%). The two hotter-selling SUV models should be accountable for the overall increase. Meanwhile, Changan Automobile also sold 10,925 CS55 SUVs, a blooming surge of 51.6% compared with October. The CS55 PLUS officially hit the market at Auto Guangzhou in late November, and its sales reached up to 10,783 units last month.
Moreover, the sales volume of the EADO cars grew by 8.1% from the prior-year period to 10,102 units in November.

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