GWM's sales 'outpace 2024 total' in first six months of 2025
It also marks a 20.3 per cent increase from the previous six months, GWM said, without sharing the actual figures.
This reinforces its position as a key player and underscores the brand's growing influence among automotive players in Malaysia, the company added.
GWM claimed that it remains firmly within the top three Chinese automotive brands in the country, a position strengthened by its expanding retail footprint and a compelling line-up of new energy vehicles tailored for the Malaysian market.
By staying attuned to local needs and evolving market trends, GWM said it continues to deliver meaningful growth in a competitive automotive landscape.
GWM chief operating officer Roslan Abdullah said this is not just about numbers, it's about momentum and meaning.
"Our growth shows that Malaysians are embracing our vision of cars that combine innovation, value, and relevance to their everyday lives," he added.
Roslan also said the company's first-half performance reflects the strength of its product portfolio and growing recognition of GWM as a serious automotive player in Malaysia.
Spearheaded by the Haval H6 HEV, GWM claimed it has emerged as a leading hybrid choice for Malaysian drivers.
It added that rather than engaging in price-driven competition, the company focuses on delivering safety, innovation, and a premium driving experience.
Beyond product success, GWM said it is also strengthening its nationwide footprint.
The brand has expanded its network from 18 outlets in early 2024 to 26 by mid-2025, with plans to reach 35 outlets by year-end.
In 2H25, GWM will broaden its portfolio with two new additions aimed at expanding its presence in the premium and performance segments.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malaysian Reserve
44 minutes ago
- Malaysian Reserve
China is set to cancel part of EU summit in latest strain
THE Chinese government intends to cancel part of a two-day summit with European Union leaders planned for later this month, in the latest sign of the tensions between Brussels and Beijing. The second day of the summit in China is set to be canceled at Beijing's request, according to people with knowledge of the planning, who asked not to be named discussing private information. Those plans could change by the time they're finalized, one of the people said. Originally, European Commission President Ursula Von der Leyen and European Council President Antonio Costa had planned to meet President Xi Jinping and Premier Li Qiang in Beijing on July 24 and then travel to Hefei in central China on July 25 for a business summit. The meeting will now just be one day in Beijing. Xi is trying to position himself as a more reliable partner than President Donald Trump, who is alienating US allies over issues from tariffs to defense. But relations between Brussels and Beijing have also become more strained by longstanding disagreements over the war in Ukraine and Chinese industrial policy. Adding to the tensions is an increasingly unbalanced trading relationship compounded by China's recent export controls on rare earth magnets, which have hit European industries hard. The two sides had already canceled the flagship EU-China High-Level Economic and Trade Dialogue and a digital forum, Bloomberg reported last month. That economic meeting would typically lay the groundwork for the leaders' summit, but was called off by the EU due to a lack of progress on trade. The series of ongoing disagreements has challenged the relationship. When the EU imposed tariffs on Chinese electric vehicles last year, China launched anti-dumping probes into European brandy, dairy and pork, with the brandy probe due to end this Sunday. China's Foreign Ministry didn't immediately respond to a request for comment. The cancellation comes as Chinese Foreign Minister Wang Yi tours Europe for meetings in Brussels, Germany and France. German Foreign Minister Johann Wadephul criticized China over its recent export restrictions on rare earths. 'Unfortunately our companies are currently facing one-sided and not very transparent export restrictions for rare earths,' Wadephul said after a meeting with Wang Thursday evening in Berlin. 'This uncertainty is damaging our trade relations and also damaging China's image in Germany as a reliable trading partner overall,' Wadephul added, and called for 'fair and reciprocal' trade relations between the two countries. Wang, who spoke alongside Wadephul, insisted rare earths were 'dual-use goods' that needed to be controlled. 'This is part of our sovereignty,' he added. The fact of the shortened EU summit was not mentioned at the press conference. Before, European foreign policy chief Kaja Kallas told Wang that it was important to rebalance the economic relationship and end 'distortive practices' including the restrictions on rare earths exports, according to a readout from Wednesday. She also urged China to end support for Russia's military-industrial complex and back a full and unconditional ceasefire in Ukraine. At the meeting, Wang said that the two sides should regard each other as partners, not rivals, and should properly handle differences through communication, according to a Chinese statement. Beijing is worried that the EU will agree a trade deal with the US that could damage Chinese interests. Chinese officials are particularly concerned that the EU might sign up to provisions similar to those in the UK's deal with the US, which included commitments around supply chain security, export controls and ownership rules in sectors like steel. The shortened summit is unexpected. The EU Chamber of Commerce in China was inviting members to sign up for the meetings in Hefei in an email Thursday morning, Beijing time. –BLOOMBERG
The Sun
44 minutes ago
- The Sun
Anwar hopes Canada reconsider visa exemption for Malaysians
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has reached out to his Canadian counterpart Mark Carney, urging a reconsideration of visa exemptions for Malaysian citizens. Currently, Malaysians require a visa to visit Canada for tourism, study, or work. Anwar highlighted the importance of aligning Malaysia's visa treatment with that of other Commonwealth nations to enhance people-to-people connections and foster broader multilateral exchanges. He shared this in a post on X while on an official visit to Paris. During the conversation, Anwar also congratulated Carney on the Liberal Party's recent election victory in Canada. The current visa process for Malaysians involves fees payable to the Canadian government, biometric charges, and additional service costs through VFS Global, the designated visa administrator in Malaysia. - Bernama
Focus Malaysia
an hour ago
- Focus Malaysia
Tariff shock fizzles as China remains key driver of steel, aluminium prices
STEEL prices saw a brief uptick following the US tariff announcement, but the impact is limited as China, the world's largest steel consumer continues to dictate global pricing. Chinese exports to the US are small and largely consist of high-value processed goods that already command premium prices. The pattern mirrors 2018, when prices spiked briefly post-tariff but slumped soon after as exemptions were granted. Aluminium prices fluctuated between USD2,300/MT and USD2,500/MT over the past three months, despite expectations of sustained strength driven by unexpectedly strong consumption in China earlier in 2024. That said, the US 25% additional tariff on aluminium imports globally introduces short-term market uncertainty. The tariff will raise costs for US buyers and could prompt main exporters to the US, such as Canada and Mexico, to redirect shipments to other markets like the EU. However, the impact on China is likely minimal, as 80%-90% of its aluminium production is consumed domestically. In the medium-term, the market is expected to adjust through trade diversions or production cut to maintain demand-supply balance. 'As such, we maintain our view that China's demand rebound remains the key driver of aluminium prices going forward,' said Kenanga. We retain our average aluminium price assumptions at USD2,450/MT for 2025 and USD2,550/MT for 2026. China's steel demand is poised for modest growth in 2025 after years of stagnation, supported by a stabilising property market, government stimulus, and improving consumer sentiment. A potential RMB4.4t in local government bond issuance could supercharge infrastructure spending, while property stabilisation is now a national priority. Weak profitability has already triggered production cuts in China, pushing struggling steel producers toward consolidation. If capacity limits are enforced, higher utilisation rates could lift steel prices. With current prices hovering near historical lows, the setup is in place for a potential rebound. The silver lining is that more stable steel prices translate to steadier input costs for steel product players like ENGTEX and ULICORP (OP; TP: RM1.83), reducing earnings volatility. A new water tariff sub-category for data centres may take effect soon with rates estimated at RM5.50/m3 according to SPAN. The sentiment towards water-related stocks has significantly improved since last year backed by ongoing tariff adjustments and gradual progress in water infrastructure development. Malaysia's data centre boom is putting pressure on water supply, with reserve margins stuck at 15%—well below the 25% target. The tariff hike is expected to inject fresh capital into water operators, accelerating capex and placing ENGTEX in a strong position to benefit from a likely ramp-up in pipe replacement orders starting next year. Encouragingly, there have been several positive developments, including: (i) PBA (Not Rated) planning to complete three water pipeline projects worth RM189 mil over the next two years, (ii) PAAB building two new water treatment plants in Seberang Perai worth RM1 bil, and (iii) Sarawak's allocation of RM1.08 bil for water pipe upgrades. Several mega infrastructure projects are set to be rolled out in CY25, including: (i) Sungai Perak Raw Water Transfer Scheme to Penang (SPRWTS), (ii) Langat 2 water treatment plant, and (iii) Sungai Rasau phase 2. Based on our estimates, the total value of the water pipe components for these projects is approximately RM1.1 bil. —July 4, 2025 Main image: Outbuild
