- GWM sold 40,278 vehicles overseas in January, a 43.77% increase year-on-year.
- Haval remained the primary contributor to sales, selling 50,513 units in January, a 4.03% increase year-on-year.
GWM (HKG: 2333, SHA: 601633) saw year-on-year sales growth last month as overseas sales continued to rise.
The Chinese auto giant sold 90,312 vehicles in January, up 11.59% year-on-year, though down 27.18% from December.
GWM sold 40,278 vehicles overseas in January, marking a 43.77% year-on-year increase, though down 29.85% from December.
Its new energy vehicle (NEV) sales in January came in at 18,029 units, down 19.02% year-on-year and down 53.68% month-on-month.
Haval remained the primary contributor, selling 50,513 units in January — a 4.03% year-on-year increase but a 23.99% decrease from December.
The Tank brand sold 14,505 units in January, up 12.92% year-on-year but down 31.35% from December.
The premium Wey brand sold 7,873 units in January, a 57.24% increase year-on-year but a 38.96% decrease compared to December.
The company sold 15,350 pickup trucks in January, a 24.58% increase year-on-year and a 0.08% increase compared to December.
GWM projected a decline in net income for 2025 amid rising expenditures.
The company's 2025 net income was RMB 9.91 billion ($1.43 billion), down 21.71% from RMB 12.66 billion in 2024, according to a January 30 earnings preview.
($1 = RMB 6.9518)
