Chinese Great Wall Motor reported sales growth by 10.6%

Chinese automaker Great Wall Motor reported that in the first quarter of 2019 its sales grew by 10.6% in annual terms and amounted to 283,842 cars. During the earnings period, the company sold 232 thousand and 657 off-road vehicles, the annual growth of which was 4.1%. The first two models of electric cars of the Chinese automaker went on sale in the second half of last year. During the period from January to March of this year, 14 thousand 96 units were sold. Data for March showed a growth of Great Wall Motor sales by 16.8% compared to March 2018 to 103 thousand 90 cars. During trading in Shanghai on Wednesday, the value of the company's shares rose by 6.3%. During trading in Hong Kong, shares rose in price by 6.1%.

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