Chery ranks among top 10 for mainstream brands
J.D. Power, a world-renowned market consulting and research company has released the 2022 China Initial Quality Study (IQS).
According to the study, Chery ranked ninth among mainstream brands including GAC Honda, FAW Toyota, Buick, and SAIC Volkswagen.
Chery ARRIZO 6 PRO, TIGGO 8 PRO MAX and many other vehicle models ranked first and second in several market segments.
The steady improvement of ‘internal strengths’ has promoted the continuous enhancement of product competitiveness and become the internal driving force of growth for vehicle sales of Chery Group.
IQS is mainly measured by the number of problems per 100 vehicles (PP100) by car owners with two to six months of ownership, with a lower score reflecting less problems and higher quality.
The 2022 China IQS is based on the real feedback obtained from 34,914 car owners who purchased cars between June 2021 and March 2022, which covers a total of 247 models from 56 brands.
According to the IQS this year, Chery brands improve their rankings among the mainstream brands by two places compared to that of last year; Chery’s ARRIZO 6 PRO surpasses many competitors and ranks number one in the medium-sized SUV segment; TIGGO 8 PRO MAX ranks number two in the most competitive medium-sized SUV segment of the auto industry, while TIGGO 4 PRO ranks third among the mini SUV segment.
The significant improvement in the quality and performance of Chery Group’s products has led to a sustained increase in market competitiveness, driving the group’s sales in a fast track for growth. In the past August, Chery Group achieved a sales volume of 141,767, an increase of 111 per cent year on year, achieving the ‘doubling’ of sales year on year.
Since the second half of the year, on the one hand, Chery Group has achieved a sales volume of more than 100,000 in a single month for three consecutive months, and has ‘accelerated’ all the way with a growth rate of 43.6 per cent, 57.7 per cent and 111 per cent respectively.
Chery achieved sales volume of 107,013 in August, up 132.3 per cent year-on-year; and the cumulative sales from January to August were 566,883, up 47.1 per cent year-on-year.
Tiggo 8 and Tiggo 7 series have become the two mainstays of Chery brand in sales, with a sales volume of 18,286 for Tiggo 8 in August, up 98.5 per cent year-on-year, and a sales volume of 20,286 for Tiggo 7, up 628.1 per cent year-on-year.
From January to August, the sales volume of Tiggo 8 and Tiggo 7 series both exceeded 100,000, contributing a global sales volume of 117,700 and 100,700 respectively, which were appreciated in both domestic and overseas markets.
Meanwhile, with the rapid growth of new energy vehicles, Chery has expanded its layout in many fields such as pure electric and hybrid vehicles, and has accelerated the launch of many new energy products such as TIGGO 8 PRO e+, and I CAR.
In August, Chery made its debut at the Chengdu Auto Show in China, demonstrating Chery Group’s major breakthrough in the field of hybrid technology.