Recently, Great Wall Motors officially announced its sales results for March 2022. It is reported that Great Wall Motor sold a total of 100,930 new vehicles in March, an increase of 43% month-on-month, of which overseas sales were 10,535 units, an increase of 30.8% year-on-year. At the same time, Great Wall Motor's cumulative sales in the first quarter of 2022 were 283,500 units, and overseas cumulative sales were 29,322 vehicles, laying a good foundation for the overall sales performance in 2022.
By brand, haval sold 54,534 new vehicles in March, up 29.9% month-on-month. Among them, the "national god car" Haval H6 sold 21,633 units, which continues to be the sales responsibility of the brand. The bigger dog, which is positioned more individually, also achieved monthly sales of 9,313 vehicles, which performed well. The newly launched flagship product, the Haval Mythical Beast, achieved sales of 4,598 units.
Pure electric brand Euler sold a total of 14,264 new cars in March, of which Euler Good Cat sold 6,374 units, an increase of 56.8% month-on-month, and the cumulative sales volume in the first quarter was 19,460 units, an increase of 240% year-on-year, which has become the brand's absolute sales force. At the same time, the 2022 Good Cat model has begun to accept reservations, with a price range of 127,900-15.79 million yuan, and provides intelligent driving assistance and Morandi color optional bags to meet the personalized needs of users.
Premium brand Weipai sold 4,755 units in March, up 7.3% sequentially, with cumulative sales of 14,285 units in the first quarter. Among them, the sales of latte DHT models in March were 2,576 units, an increase of 8% month-on-month. The newly listed Mocha DHT-PHEV, sales of more than 500 units in March, with the lemon DHT hybrid system in the Wei brand product layout perfect, I believe its future sales will continue to grow.
In terms of tank brands, the sales of the hard-to-find Tank 300 model in March were 8,922 units, an increase of 38% month-on-month, which shows that the production capacity problem of the Tank 300 is gradually alleviating. The newly listed tank 500 model has been officially launched in March, the first batch of products are expected to be officially delivered in mid-to-late April, equipped with the Great Wall's self-developed 3.0T+9AT powertrain, it is worth looking forward to how it performs.
Finally, in terms of pickup models, the Great Wall Gun sold 14,500 units in March, an increase of 70.4% month-on-month, and continued to win the title of pickup truck sales list. In March, Great Wall sold a total of 18,455 pickup trucks, and with the blessing of a new product - King Kong Cannon, it is believed that Great Wall will continue to maintain a leading position in the pickup truck market.
In addition, in overseas markets, Great Wall recently exhibited the Euler Good Cat GT and Tank 300 HEV concept car in the Thai market for the first time. In January and February this year, Great Wall Motor's third-generation H6 achieved a market share of 15% in South Africa's compact SUV market, maintaining the first position in sales volume in the market segment. At the same time, in order to reduce the impact of the domestic epidemic on production capacity, Great Wall Motors is actively communicating and cooperating with suppliers to minimize the impact.