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2020-04-16 Policy Stimulated Consumption Potential, GAC Group’s Sales in March Surged 4.7 Times Month-on-Month

China’s auto market in March was in recession due to a number of factors, including COVID-19, macroeconomic downturn and trade fluctuation. Under the grave situation of the continuous downturn of the domestic automobile industry, GAC Group produced and sold 109,500 units and 110,500 units in March, an increase of 532.69% and 471.04% month-on-month. The sales from January to March outperformed the industry average by 4.31% year-on-year. In spite of the market downward pressure, GAC Group’s performance significantly improved.

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