Chery Group Records Good Sales In First Quarter, Up 60 Percent More Than Last Year

Car variety from the Chery Group. (Photo: Dok Chery Sales Indonesia)

JAKARTA - The positive sales trend continues to be achieved by the Chery Holding Group, even in the first quarter of the year (2024) it recorded a significant spike.

The Chery Group, which houses the Chery, Exeed, Jetour, Omoda and Jaecool brands, has won total sales of 529,604 units, an increase of 60.3 percent compared to the same period the previous year. This achievement marks the continuation of the company's rapid expansion in the global automotive market.

"The positive trend in the sale of the Chery Group shows our commitment to continue to provide high-quality products to global consumers. We believe that superior innovation, quality, and service are the keys to our success in meeting the mobility needs of the community," said Head of Brand Department of PT. Chery Sales Indonesia Rifkie Setiawan, in his statement, Friday, April 19.

In March alone, the Chery Group managed to sell 181,585 vehicles, recording year-on-year growth of 45.3 percent Meanwhile, the Chery brand itself managed to achieve sales of 116,927 units including TIGGO and Arrizo, showing growth of 40.7 percent in the same period.

Meanwhile, in Indonesia PT Chery Sales Indonesia also continues to actively promote the advantages of the TIGGO Series series, both TIGGO 7, TIGGO 8, and TIGGO 5X. This is done because the TIGGO Series has various advantages over features and quality that are commensurate with the value of its own products. With consumer confidence in TIGGO Series products, in the second quarter of this year, Chery will re-launch the latest variant of TIGGO.

Positive trends in Chery Holding Group sales can be seen from several factors. First, the Chery Holding Group showed strong growth momentum, with significant increase in sales in the first two months of the first quarter, far beyond the industry's average.

March was a strong sales period, driven by various consumer incentive policies, and the Chery Holdings Group was able to accelerate its sales growth to 12 times faster than the industry as a whole.

In addition, the Chery Holding Group also recorded significant growth in sales of new energy vehicles, demonstrating Chery's commitment to developing environmentally friendly mobility. In addition, Chery continued to strengthen its dominance in the international market, with export sales reaching 253,418 units during the first quarter, an increase of 40.9 percent from the previous year.