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Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

Looking back at the auto market in 2021, the entire automotive industry has undergone considerable changes, and the collective emergence of new energy vehicles has once again strengthened the future development plan of manufacturers; chip supply is in short supply, and it is possible to distinguish which manufacturers have stronger emergency response capabilities at once. Sales data is the most intuitive form of expression.

So, in the car market in 2021, how will the annual sales performance of major manufacturers be? What changes have they made? Let's take it slow. In this issue, we will first talk about the past year of GAC Group, and then, auto network review will continue to analyze the sales of other manufacturers, interested may wish to pay attention to it.

Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

Production and sales achieved double growth, and the new energy sector performed well

According to the data, GAC Group's cumulative output last year was 2.138 million units, an increase of 5.1% year-on-year; cumulative sales of 2.144 million units, an increase of 4.92% year-on-year, achieving double growth in production and sales. In the environment of "lack of cores", it is extremely difficult for sales to still achieve growth, which shows that the foundation of GAC Group cannot be underestimated.

It is worth mentioning that GAC Group performed very well in the new energy passenger car sector last year. From January to December, sales of new energy passenger vehicles increased by 86.3% year-on-year to 142,853 units. Among them, the sales volume of independent new energy vehicles was 120,690 units, an increase of 98.1% year-on-year.

Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

It is not difficult to find that in the new energy passenger car sector of GAC Group, the sales volume of independent new energy occupies a very high share, which also reflects a phenomenon that the joint venture brand of GAC Group still has a lot of room for development in the new energy sector. The sales volume of independent new energy is, to put it bluntly, equivalent to the sales volume of GAC Aean. According to the data, GAC Aeon sold 120,155 vehicles last year, an increase of 101.8% year-on-year.

Battery technology breakthroughs, magazine battery support, excellent endurance, continuous strengthening of the product lineup, coupled with the new energy outlet, GAC Aean doubled last year, it is really reasonable.

Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

Its own brands performed well, with the joint venture brand GAC Toyota showing the largest increase

In addition to GAC Aean, in terms of its own brands, the performance of GAC Trumpchi is also eye-catching. GAC Trumpchi sold 324,201 units from January to December, an increase of 10.3% year-on-year. The product matrix composed of the second generation of Trumpchi GS8, GA8 and M8 has raised the brand height of GAC Trumpchi, coupled with the hot sales of Trumpchi M6, Trumpchi GS4 and Shadow Leopard, so that GAC Trumpchi has a more eye-catching performance in its own brands.

Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

In terms of joint venture brands, the sales volume of each brand also performed well. Among them, GAC Toyota sold 828,000 vehicles in the whole year, achieving an increase of 8.23% year-on-year. Sales of more than 100,000 vehicles for a number of models exceeded 100,000 units, such as the Ralink series with 222,818 units, the Camry series with sales reaching 216,764 units, the Veranda series with 12,8086 units, and the Highlander series with 107,733 units.

The reason for this is that GAC Toyota has strengthened the competitiveness of its product series, while the coverage of hybrid models and TNGA architecture has been continuously improved, coupled with the launch of new products such as Xena, the new Camry, the fourth-generation Highlander, and even Weisa, Fenglanda, etc., to a certain extent, which has increased brand sales.

Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

In addition, Guangqi Honda sold 780,266 vehicles in the whole year, although it declined slightly, but its model Accord series sales reached 201,301 units, Binzhi sales reached 173,870 units, and Haoying sold 166,240 units. Now, with the listing of models such as the model, Guangqi Honda is expected to bring surprises this year, and we may wish to wait and see. It is worth mentioning that GAC FCA achieved 20,123 units last year, and GAC Mitsubishi achieved sales of 66,066 vehicles, both of which declined year-on-year.

Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

The strategic layout supports the development of the Group

During the year, GAC Group implemented a number of plans one by one, overcoming many unfavorable factors before bucking the trend in the face of adversity.

At last year's Shanghai Auto Show, the release of the "GLASS Green Net Plan" meant that GAC Group focused on the development of energy-saving vehicles and new energy vehicles. The advent of the Velanda High Performance Edition, C-HR Dual Engine, Lingpai Rui Hybrid, and the new VE-1 confirm this. According to the data, GAC sold a total of 298,800 energy-saving vehicles last year, an increase of 43.6% year-on-year, indicating that this strategic plan has achieved good results.

Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

At the same time, GAC is also constantly deploying in the field of new energy and intelligence. Technology such as magazine batteries, sponge silicon anode batteries and A480 supercharge piles have been developed and applied to GAC EAN. Among them, with the emergence of the world's first pure electric endurance model of more than 1000km, GAC AION LX Plus, it also shows GAC's advantages in the field of new energy batteries.

In addition, in the face of the shortage of chip supply, GAC has strengthened its ties with key chips such as Guangdong Semiconductor and Horizon and intelligent network enterprises, which has alleviated the problem of insufficient supply to a certain extent, which is also one of the reasons for GAC's counter-trend growth.

Looking back at the 2021 automobile market| GAC Group's annual production and sales growth, independent and joint venture brands blossomed at many points

Auto Network Review: GAC Group may still bring freshness this year

From the perspective of sales volume, in fact, it is not difficult to find some advantages and disadvantages of the major brands under the GAC Group, such as the development of independent brands in the field of new energy, but there is still room for development in the field of cars; for example, the joint venture brand has won the recognition of many consumers with quality and hybrid technology, but there is still a lot of room for development in the field of new energy. In fact, these are the directions that GAC can strive for.

The reason why GAC Group was able to achieve a year-on-year increase last year, it is also inseparable from the outbreak of its own brand and new energy sector to a certain extent, if GAC Group can still maintain the advantages of new energy, intelligence, and even technology this year, and then expand the development, I believe it will bring good surprises, we may wish to wait and see.

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