Great Wall Motor reported a 48% year-on-year slump in core profit in the third quarter. Vehicle exports grew 35%, while domestic sales fell 30%, resulting in a 5% decline in total vehicle sales.
Automobile manufacturer Great Wall Motor is China’s market leader in the SUV and pickup truck segments. In 2025, the company sold about 758,000 Haval-branded SUVs and 335,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 16th year. It also sold more than 181,000 pickup trucks, also ranked number one in sales volume for over 20 years. China’s domestic market accounts for about 60% of Great Wall’s revenue in 2025, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.