Chery’s March Sales Rise 15% on Core Brand Strength Despite Softer Quarter

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

Chery Automobile reported unaudited March 2026 sales of 228,451 vehicles across its five core brands, up about 15% year on year, driven mainly by a 38.8% surge in the flagship Chery brand. New energy vehicles accounted for 62,564 units and exports reached 146,115 units, underscoring the group’s growing international and electric footprint despite declines at premium and niche brands such as EXEED, JETOUR, iCAR and LUXEED.

For the first quarter of 2026, total group sales slipped 3.1% to 566,120 units compared with the same period in 2025, reflecting weaker performance in several sub-brands that offset Chery’s core strength. The mixed volume picture points to shifting demand within the portfolio and suggests that investors should watch upcoming audited financials to gauge profitability and how effectively the company can rebalance growth between mass-market, premium and new energy offerings.

More about Chery Automobile Co.,Ltd.

Chery Automobile Co., Ltd. is a mainland Chinese automaker that produces passenger vehicles under multiple brands, including Chery, EXEED, JETOUR, iCAR and LUXEED. The group participates in both traditional and new energy vehicle segments and has a significant export footprint, positioning it as a major player in China’s competitive automotive sector.

Average Trading Volume: 2,664,659

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$155.7B

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