A few days ago, GAC Group released its April sales results. Affected by the repeated epidemics and chip shortages, the Group's sales have declined year-on-year, but there are still bright spots.
According to the data, GAC Group sold 124,300 new vehicles in April, down 33.56% year-on-year. From January to April, the cumulative sales volume exceeded 730,000 units, an increase of 7.1% year-on-year. In terms of production, GAC Group produced 128,600 units in April, down 33.52% year-on-year, and cumulative production from January to April reached 726,700 units, up 8.12% year-on-year.
In terms of brands, in April, only GAC Aean, a subsidiary of the Group, maintained a year-on-year growth momentum, and other matching showed a downward trend of varying degrees. Specifically, GAC Aeon's April sales reached 10,200 units, up 22.96% year-on-year; GAC Honda's April sales reached 23,800 units, down more than 66% year-on-year; GAC Toyota's April sales reached 68,500 units, down 7.27% year-on-year; GAC Motor's april sales exceeded 20,000 units, down 21.84% year-on-year; GAC Mitsubishi's April sales just exceeded 1,000 units, down 82% year-on-year; GAC FCA sales followed the production and sales of only one car in March. Sales in April were 0.
In addition, the new energy segment of GAC Group became a highlight of production and sales in April. The Group produced 11,240 new energy vehicles, an increase of 4.3% year-on-year, and sold 11,365 new energy vehicles, an increase of 14.9% year-on-year. From January to April, the output of new energy vehicles reached 62,388 units, an increase of 94.3% year-on-year; the sales of new energy vehicles reached 64,184 units, an increase of 104% year-on-year. Among them, GAC Aeon's cumulative sales in four months reached 55,000 vehicles, which is also the only smart pure electric new power brand with sales exceeding 10,000 vehicles in April under the unfavorable situation of repeated epidemics and logistics obstructions.
Affected by the epidemic, the growth rate of the new energy vehicle market in April slowed down significantly, and the sales volume of many new power car companies was cut off, and it was not easy for GAC Aean to grow against the trend. According to industry forecasts, the problem of supply chain blocking and production suspension is expected to ease in May, when orders and production will have a retaliatory rebound, and the new energy vehicle market is also expected to pick up.
According to the plan, GAC Group has set a sales growth target of 15% in 2022, and as far as the current sales growth rate is concerned, it still needs follow-up efforts to complete the target. How to improve its strength to cope with risk challenges is the top priority of GAC Group.