GAC Group's auto sales declined, with new energy vehicles performing poorly

According to the report of GAC Group, the sales volume of GAC Group in the first half of 2024 was 863,000 vehicles, a year-on-year decline of 25.79%. Among them, the sales volume of new energy vehicles was 164,100 vehicles, a year-on-year decline of 30.61%. As a new energy brand under GAC Group, GAC Aion's sales volume has declined particularly severely, with cumulative sales of only 126,300 vehicles in the first half of the year, a year-on-year decline of 39.65%.