Great Wall Motor Plans 23% Sales Growth for 2012 image

Great Wall Motor Co Ltd plans a sales target with 23.3% higher than the previous year — 600,000 vehicles compared to 486,800 from last year.

Statistics from the China Passenger Car Association show that Great Wall sold in 2011 487,000 cars from January to December, 22,5% higher than 2010.
Exports accounted for 83,000 of all the sales and the target for this year is 100,000 vehicles, up 17.6 percent. The 2011 profit was 3.47 billion yuan ($560 million), higher than 2.7 billion yuan in 2010 and higher than market expectations for 3.3 billion yuan.

The title of best-selling domestic brand SUV is still maintained by the Haval series of SUVs for the 8th year running. But, the Voleex sedans reached 200,000 units (the Voleex C30 got to the top ten list of selling cars) and the Fengjun pickups reached 122,000 cars, 18% more than 2010.

Recently, the Haval H6 won CCTV’s award for best domestic vehicle of 2011 and the Dakar Rally was dubbed the best showing a Chinese team has ever made at the event.

China’s top manufacturer of sport utility vehicles and pick-up trucks really seems set on reaching the goal of 600,000 sold cars for this year, with 100,000 for overseas markets.

Three new models were already announced for this year and the expansion of the dealership network.