GWM's half-year sales and profit reports released! Its brand HAVAL sells the best

A few days ago, GWM released its half-year performance forecast for 2024. In the first half of 2024, GWM expects to achieve a net profit attributable to the parent company owners of RMB 6.5 billion to 7.3 billion, an increase of 377.49% to 436.26% over the same period last year. And it expects to achieve a net profit attributable to the parent company owners of non-recurring gains and losses of RMB 5 billion to 6 billion, an increase of 567.13% to 700.56% over the same period last year. In the first half of 2024, GWM sold a total of 559,669 new cars, up 7.79% year-on-year. Of these, 132,374 electric cars were sold, up 41.99% year-on-year; overseas sales were 201,500 cars, up 62.59% year-on-year.

Specifically, in terms of brands, HAVAL brand sold a total of 299,738 units in the first half of the year, an increase of 2.42% year-on-year; TANK brand sold a total of 116,038 units in the first half of the year, an increase of 98.94% year-on-year; ORA brand sold a total of 31,749 units in the first half of the year, a year-on-year decline of more than 30%; GWM pickup sold a total of 91,916 units in the first half of the year, a year-on-year decline of more than 8%. From the market feedback, we can clearly see the growth difference and market trends among different brands.

GWM continues to increase R&D investment and enhance its level of intelligence to introduce the next generation of smart driving system Coffee Pilot Ultra and smart space system Coffee OS 3, which constantly stimulates new production vitality. Looking forward, GWM will continue to stick to long-termism, focus on the intelligent electrification track, strengthen off-road market advantages, and accelerate the process of globalization.