Great Wall Motor Company Ltd. Reports Unaudited Sales and Production Results for the Month and Year to Date Ended December 2015; Provides Sales Guidance for 2016
Great Wall Motor Company Ltd. reported unaudited sales and production results for the month and year to date ended December 2015. For the month, the company produced 94,525 units against 78,022 units a year ago.
For the year to date, the company produced 869,592 units against 730,570 units a year ago.
For the month, the company sold 95,729 units against 77,136 units a year ago.
For the year to date, the company sold 852,693 units against 730,772 units a year ago.
The company's sales volume target for the year 2016 is 950,000 units.
Great Wall Motor Company Limited is a sport utility vehicle (SUV) manufacturer in the People's Republic of China (the PRC). The Company is principally engaged in the design, research and development, manufacture and sale, as well as distribution of SUVs, sedans, pick-up trucks and automobile-related parts and components. The Company has three brands, Great Wall, Havel and WEY, and its products include SUVs, sedans and pick-up trucks. The Company also manufactures and supplies relative automotive parts and components. The Company's vertically integrated parts and components production unit manufactures various products, including engines, transmissions, chassis, electronics, interior and exterior decoration parts and molds. The Company manufactures cars, which include Great Wall C50 and Great Wall C30. The Company's SUVs include Great Wall H6, Great Wall H5-E and Great Wall M4. The Company's pick up vehicles are Wingle 5, Wingle 6 and Wingle 5 Upgrade.
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Great Wall Motor Company Ltd. Reports Unaudited Sales and Production Results for the Month and Year to Date Ended December 2015; Provides Sales Guidance for 2016