GWM: Robust September Data Whispers the Return of the SUV King
After months of tepid performance, no-moat GWM defied market consensus with September sales volume rising at an impressive nearly 40% month on month (and 4.5% year on year) to over 102,000 units. The robust mid-end WEY sales volume and stabilizing best-selling H2/H6 reaffirm our long-standing view of GWM’s undisputed leadership position in the fast-growing SUV market space. We continue to urge investors to look beyond the short-term operational difficulties, and focus on GWM’s strong long-term n...
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