tiprankstipranks
Advertisement
Advertisement

Chery Automobile’s January Sales Fall 10.7% as Premium and EV Brands Weaken

Story Highlights
  • Chery’s total January 2026 vehicle sales dropped 10.7 percent year on year.
  • Growth in the core Chery brand was offset by steep declines at JETOUR, iCAR and LUXEED, pressuring the group’s portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chery Automobile’s January Sales Fall 10.7% as Premium and EV Brands Weaken

Meet Samuel – Your Personal Investing Prophet

Chery Automobile Co.,Ltd. ( (HK:9973) ) has issued an update.

Chery Automobile reported unaudited total vehicle sales of 191,496 units across its five major brands in January 2026, a 10.7% decline from the same month a year earlier, highlighting a softer start to the year despite continued international reach, with exports accounting for 116,985 units. While the core CHERY brand grew 4.6% year on year, this was outweighed by sharp declines at JETOUR, iCAR and LUXEED, indicating mixed performance across the portfolio and potential pressure on the group’s higher-end and new energy-focused nameplates, even as it sold 47,393 new energy vehicles during the month.

More about Chery Automobile Co.,Ltd.

Chery Automobile Co., Ltd. is a Chinese passenger vehicle manufacturer operating multiple brands, including Chery, EXEED, JETOUR, iCAR and LUXEED, with a strong focus on both domestic sales and exports. The group is also active in the new energy vehicle segment, reflecting its participation in China’s rapidly evolving electric and hybrid automotive market.

Average Trading Volume: 2,172,311

Current Market Cap: HK$164.8B

For an in-depth examination of 9973 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1