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Only 3 CN Car Makers Achieve 80%+ of Annual Sales Targets
Recommend 9 Positive 19 Negative 9 |
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Chinese car manufacturers have gradually disclosed their October sales or delivery data, according to the China Securities Journal. Driven by the trade-in policy, the overall car market sales continued to grow, and several new energy brands achieved monthly sales of over 20,000 units. By the end of October, only three car manufacturers achieved over 80% of their annual sales targets, and traditional car brands performed better in general than emerging brands. Among them, BYD COMPANY (01211.HK) leads with a 90% completion rate, followed closely by GEELY AUTO (00175.HK) and LEAPMOTOR (09863.HK) with over 80% completion rates. As for LI AUTO-W (02015.HK), Changan Auto (000625.SZ), and NIO-SW (09866.HK), their completion rates were at only about 70%, while XPENG-W (09868.HK) was below 50%. AAStocks Financial News |
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