Guangzhou Automobile Group Sees 13% Drop in Output in December 2024; Sales Up 9%

MT Newswires Live

2025/01/03

Guangzhou Automobile Group's (HKG:2238) saw a production volume of 207,229 vehicles in December 2024, down 13% from 238,680 units in the year-ago period, a Friday bourse filing said.

Sales for the same month rose to 283,231, 9.3% higher from 259,138 in December 2023.

For the full year, output and sales fell 24% and 20%, respectively, to over 1.9 million and 2 million units.

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