5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Chery Auto Philippines sold most-ever 382 units in June

by
July 30, 2023
in Stock
0
Chery Auto Philippines sold most-ever 382 units in June













PHOTO FROM CHERY AUTO PHILIPPINES

CHERY AUTO PHILIPPINES sales continue to trend upward, as the company reported an all-time high of 382 units moved last June — surpassing its previous highest monthly record of 323 vehicles set just in May. Even as industry sales average dipped by five percent in June, the Chery brand grew by 18% — enabling the company to land 10th spot in top auto sales for the month.

In a release, Chery said that the “June market performance was bannered by the strong sales of the Tiggo 5X with 247 units sold, enabling it to climb to a strong number-two ranking with 26% market share in the subcompact SUV segment.” The firm also said that the shortage of Tiggo 8 Pro Luxury version units was compensated by the initial deliveries of the hybrid version. “This allowed the Tiggo 7 Pro to sell a total of 76 units which represents a four-percent growth compared to last May.”

Chery’s H1 total is 1,668 units, representing eight-percent growth year on year — good enough to land the company in 11th place overall with 0.8% market share. The sales of the Tiggo 5X and Tiggo 8 Pro at 834 and 271 units, respectively, also contributed to Chery’s sales growth in the first half of the year.

“We are very pleased that more and more Filipinos are trusting the Chery brand. We are confident that this upward sales momentum will continue as we introduce the new Tiggo 5X Pro Comfort and hybrid version this month,” said UAAGI Chairman Rommel Sytin. “(Our) good sales continues to attract new dealer investors and we are excited to announce the new dealer outlets in key areas very soon.”

For more information, visit https://cheryauto.ph/; like and follow (Chery Auto Philippines) on Facebook and Instagram. The 24/7 Chery Auto Philippines hotline is 0917-552-4379; its e-mail is chery@uaagi.com.

Neil

RELATED ARTICLESMORE FROM AUTHOR



MORE STORIES


Previous Post

BSP’s coin deposit machines collect P12 million following June launch

Next Post

AirAsia group, UnionDigital Bank forge finance partnership; airline pledges to invest $1 billion

Next Post
AirAsia group, UnionDigital Bank forge finance partnership; airline pledges to invest $1 billion

AirAsia group, UnionDigital Bank forge finance partnership; airline pledges to invest $1 billion

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Hitting GDP goal may be ‘challenging’

    Hitting GDP goal may be ‘challenging’

    May 11, 2025
    Gov’t debt service bill plunges 66% in March

    Gov’t debt service bill plunges 66% in March

    May 11, 2025
    Nomura cuts PHL growth forecasts for 2025, 2026

    Nomura cuts PHL growth forecasts for 2025, 2026

    May 11, 2025
    RL Commercial REIT eyes to triple portfolio via potential RLC asset infusions

    RL Commercial REIT eyes to triple portfolio via potential RLC asset infusions

    May 11, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.