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The Passenger Car Association reports that in February, the pickup truck market sold 0.043 million vehicles, an increase of 29.7% year-on-year.
According to data from the Passenger Car Association, the pickup truck market sales in February 2025 were 0.043 million vehicles, an increase of 29.7% year-on-year and an increase of 18.2% compared to the previous month, reaching a historic high for the same period in the past five years.
Great Wall Motor (02333.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.
On March 13, Gelonghui reported that Great Wall Motor (02333.HK) announced that the Board of Directors meeting will be held on March 28, 2025 (Friday) at 2266 Chaoyang South Street, Lianchi District, Baoding City, Hebei Province, China, in order to review and approve the audited annual performance of the company and its subsidiaries for the year ending December 31, 2024 (prepared in accordance with the China Accounting Standards) and consider the distribution of a final dividend (if any).
NOTICE OF BOARD MEETING
Cui Dongshu: In February, the Autos market showed a trend of strong passenger vehicles and weak commercial vehicles, with total sales of 2.113 million units, a year-on-year increase of 33%.
At the beginning of February, the car market showed signs of fatigue after being overdrafted. After the policies were released and implemented, Consumers gradually lifted their wait-and-see attitude, and the market's activity quickly increased.
Hong Kong stocks closed (03.12) | The Hang Seng Index fell 0.76%, Autos stocks showed mixed performance, and Siasun Robot&Automation's new products helped Yujiang (02432) stock price reach a new high.
Trump's tariff policy has been inconsistent, and Hong Kong stocks opened high today but fell low, with the three major Indices significantly expanding their declines towards the end of trading, and the Hang Seng Tech Index once dropped over 3%.
Huaxin Securities: In February, new energy vehicle companies collectively experienced significant growth, with new models driving sales increases.
Huaxin Securities remains Bullish on the Autos Industry and maintains a "Recommended" rating.
