On July 5, GAC Group (601238) released its production and sales data in June. In June 2019, GAC Group sold 189,000 vehicles, up 5.59% year on year and 18.75% month on month. Its retail sales volume was 194,000 vehicles, up 14.35% year on year and 15.05% month on month respectively. In the first half of the year, GAC Group’s total retail sales achieved 1,022,800 vehicles, up 6.79% year on year.