Changan Automobile February Sales Up 12.8% Month-over-Month

[Market Performance] Changan Automobile sold 151,900 vehicles in February, achieving a counter-cyclical month-over-month increase of 12.8%.

Core Momentum: Dual Drivers of New Energy and Overseas Markets

New energy vehicle (NEV) sales reached 42,195 units, up 6.42% year-over-year; overseas sales hit 64,876 units, posting double-digit growth both year-over-year and month-over-month, highlighting the effectiveness of its global strategy.

Key Metrics: Sub-brands and ICE Vehicles Gain Traction Simultaneously

Changan Qiyuan recorded February sales of 18,300 units, surging 96.3% month-over-month; Avatr sold 4,033 units, with overseas sales skyrocketing 177% year-over-year. Meanwhile, internal combustion engine (ICE) vehicle sales totaled 59,700 units, rising 41.6% month-over-month.

Strategic Foundation: Structural Optimization Fuels Short-term Rebound

Although total February sales declined 5.89% year-over-year, the NEV share climbed to 27.8%. Combined with robust overseas growth, this effectively offset pressures in traditional markets and laid a solid foundation for the critical sales period of 'Golden March and Silver April.'