Great Wall Motor Company Ltd. Admits Strong SUV Sales According to BAC Company Report
27 Apr 2012 • by Natalie Aster
LONDON – Recently Great Wall Motor Company revealed preliminary results for period ended March 2012. According to those, SUV remained main revenue contributor in the past year, giving a confident annual growth. Sales volumes for Haval SUV were 178,020 units, which is 26% increase over the same period ended in March 2011. Within the product line Haval H6 is the most popular model.
Great Wall is a story of undoubted success from China. The company has been realizing an incredible annual growth last years: in 2011 alone main indices grew by approximately 30% from 2010. 4-year retrospective returns 250% to 800% increase among main indices. Last quarter results reflect highest revenues of 2011 and profit margin of 11%. Great Wall is well-positioned for further global markets penetration.
Founded in 1976 and headquartered in Baoding city, Hebei Province (China), Great Wall Motor Company is Chinese biggest automobile manufacturer and wholesaler with annual capacity of 800,000 vehicles and parts. Main product categories are: Haval SUV, Voleex and Wingle Pickup. The company has a R&D center in China, main plant in Tianjin, Industrial Center in Hebei and numerous assembly plants in other countries (including recently opened Russian plant). By 2015 Great Wall plans on running 24 foreign assembly plants having annual capacity of 500,000 units.
All the details on the company’s activities, risk factors, financial insight and experts’ forecasts can be found in the report "Great Wall Motor Company Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis" recently published by Market Publishers Ltd.
Title: Great Wall Motor Company Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Apr, 2012
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