Chery’s April Vehicle Sales Jump 27% on Strong Core Brand and Export Demand

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

Chery Automobile reported that group sales across its five major brands rose 27% year on year in April 2026 to 236,427 vehicles, with CHERY-branded models driving growth and new energy vehicles accounting for 90,519 units. Export volume reached 172,023 vehicles in the month, underscoring the company’s reliance on overseas demand even as some premium and niche brands, such as EXEED and LUXEED, saw sharp sales declines, highlighting a mixed performance within its portfolio and potential strategic balancing between segments.

For the first four months of 2026, total sales increased 4.1% to 802,547 units compared with the same period in 2025, indicating more moderate growth than the April surge. The unaudited figures suggest Chery is consolidating its position in new energy and export markets, but divergent trends across brands may prompt investors to watch how the company reallocates resources between high-growth mass-market lines and underperforming premium offerings once full financial results are released.

More about Chery Automobile Co.,Ltd.

Chery Automobile Co., Ltd. is a Chinese automotive manufacturer focused on passenger vehicles across multiple brands, including CHERY, EXEED, JETOUR, iCAR and LUXEED. The group competes in both traditional and new energy vehicle segments and maintains a significant export footprint in overseas markets.

Average Trading Volume: 4,981,063

Technical Sentiment Signal: Hold

Current Market Cap: HK$167.4B

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