Great Wall Motor

Great Wall Motor previews net income growth of about 80% in 2024

  • Great Wall Motor's net income in 2024 is expected to range from RMB 12.4 billion ($1.7 billion) to RMB 13.0 billion, an increase of 76.60 percent to 85.14 percent from 2023.
  • The automaker sold 1,233,292 vehicles in 2024, an increase of 0.22 percent year-on-year.

Great Wall Motor creates new unit to target ultra-luxury market, report says

Great Wall Motor has created a new business unit to target the ultra-luxury market, and its chairman Wei Jianjun will also be chairman of a new brand.

Great Wall's Tank brand launches Tank 500 Hi4-Z to counter threat from BYD Fang Cheng Bao

The Tank 500 Hi4-Z has a big battery and a focus on fuel economy to counter the threat from BYD Fang Cheng Bao's Bao 8 SUV.

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    Great Wall Motor to adopt Huawei's driver assist system, report says

    Great Wall Motor will become the latest to adopt Huawei's smart driving system after BYD, and its first model to feature the system will be the Tank 700 Hi4-T off-road SUV, according to local media.

    Chinese autonomous driving startup DeepRoute secures $100 million in Series C1 funding

    DeepRoute secured $100 million in Series C1 funding from Great Wall Motor, after becoming a supplier of smart driving solutions to the automaker in March.

    Great Wall Motor signs deal to assemble cars in Vietnam

    Great Wall Motor has signed a deal with Vietnam's TAG Group with the aim of starting to assemble cars in Vietnam by the end of 2025.

    Great Wall launches Tank 300 off-road SUV in Malaysia

    The Tank 300 was recently launched in Malaysia and is Great Wall Motor's first luxury off-road SUV there.

    Great Wall's Tank brand to halt production till end of Jul amid high temperatures

    China has entered a hot spell this month, with temperatures expected to exceed 35 degrees Celsius in nearly 20 regions today. It's not clear if other local car makers' factories have also been affected.

    Great Wall Motor to close European headquarters, report says

    Great Wall Motor plans to close its European headquarters in Munich at the end of August and fire all of the 100 or so local employees, according to a German media report.

    Great Wall Motor delays target of 1 million annual overseas sales from 2025 to 2030

    Great Wall Motor plans to achieve overseas sales of over 1 million units by 2030, with premium models accounting for more than 1/3 of the total, it said.