The presentation has been prepared by Guangzhou Automobile Group Co., Ltd. ("GAC Group" or the
"Company") without independent verification. The presentation does not express or imply any representations or warranties, and shall not be relied upon for the accuracy, fairness or completeness of the information described or contained herein. Meanwhile, there are foreseeable and unforeseen risks, uncertainties and other factors in the forward-looking statements or guidance contained in this presentation. You are advised against relying upon any prospective remarks contained in the presentation. The Group and any of its affiliates, advisors or representatives shall not be liable for any loss arising in any way from any information described or contained herein.
2
Contents
1
Industr y over view
Oper ation r esults over view
Financial r esults over view
Outlook for futur e
1
PART ONE
Industry overview
In 2022, automobile sales increased slightly year-on-year,
and PV sales rose significantly
China automobile sales and growth rate
Unit:1,000 vehicles
3.0%
-2.8%
-1.8%
3.8%
2.1%
4,161
-8.2%
4,371
3,300
4,324
4,793
5,133
24,718
23,710
21,444
20,178
21,482
23,563
2017
2018
2019
2020
2021
2022
Passenger vehicle sales volume Commercial vehicle sales volume Total car sales growth
Production of
Sales of
27,021 thousand vehicles
26,864 thousand vehicles
3.4% YOY growth
2.1% YOY growth
Monthly automobile sales and growth rate in China in 2022
Unit:1,000 vehicles
18.7%
23.8%
29.7%
32.1%
25.7%
6.9%
0.9%
-7.9%
-8.4%
-11.7%
-12.6%
344
-47.6%
281
246
258
279
273
291
253
370
250
239
216
2,186
1,487
1,864
965
1,623
2,222
2,174
2,125
2,332
2,231
2,075
2,265
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Monthly sales volume of commercial vehicles
Monthly sales volume of passenger vehicles
YOY growth rate of monthly car sales
Passenger vehicle sales of
Commercial vehicle sales of
23,563 thousand vehicles
3,300 thousand vehicles
9.5% YOY growth
31.2% YOY decrease
Source: CAAM
5
Attachments
Original Link
Original Document
Permalink
Disclaimer
Guangzhou Automobile Group Co. Ltd. published this content on 29 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2023 12:39:09 UTC.
Guangzhou Automobile Group Company Limited is an investment holding company principally engaged in vehicles and related businesses. The Company operates through five segments. The Research and Development (R&D) segment is engaged in the development of new products and new technology, as well as the implementation of R&D projects. The Manufacture segment is engaged in the manufacture of passenger vehicles and motorcycles. The Commercial Services segment is engaged in vehicle sales, logistics, international trading, second-hand vehicles, disassembling, resources recycling, as well as the provision of supporting services. The Parts and Components segment provides engines, gearboxes, car seats, auto lamps, automation accessories, redirectors, shock absorbers and accessories. The Financial segment provides financial investment, insurance, insurance broker, financial lease, automobile credit and other related services.