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GAC overseas exports rise 177% in August
GAC reported significant growth in its overseas markets for August, with proprietary brand exports reaching 26,978 units, a 177% year-on-year increase. Cumulative exports from January to August totaled 172,008 units, up 136% compared to the previous year.
In the Americas, terminal sales grew 93% year-on-year. Notably, in Uruguay, GAC achieved a 6.0% market share in July, ranking fifth among all passenger vehicle brands. Southeast Asian sales rose 24% year-on-year, with substantial surges in the Philippines (283%), Singapore (89%), Thailand (27%), and Indonesia (24%).
Africa was the fastest-growing market in August, with retail sales increasing 881% year-on-year. GAC has expanded its footprint in Africa through a localized production agreement with Jameel Motors in Egypt and a new entry into Ghana. In Europe, retail sales grew 93% month-on-month in August, with significant increases in the UK, Portugal, and Poland.