Guangzhou Automobile Group's May sales fell significantly by 25.33% year-on-year, and the joint venture brand suffered embarrassment

252
Guangzhou Automobile Group's sales in May were 156,500 vehicles, a significant year-on-year decrease of 25.33%. Its joint venture brands GAC Toyota and GAC Honda also experienced a decline in sales. Among them, GAC Honda's production and sales in May were 32,000 and 31,000 vehicles respectively, down 53.66% and 41.31% respectively year-on-year.