Monday, April 15, 2024
HomeBusinessCompaniesGreat Wall Motor Co.,...

Great Wall Motor Co., Ltd.

Great Wall Motor Co., Ltd. (GWM) is a Chinese privately owned automobile manufacturer headquartered in BaodingHebei. Founded in 1984, it is currently the eighth largest automobile manufacturer in China, with 1.281 million sales in 2021.

The company produces and sells vehicles under its own branding, such as GWM, Haval, WEY, TANK, POER, ORA. It also produces electric vehicles under some of the previously listed brandings, including dedicated EV brands such as ORA.

Named after the Great Wall of China, the company is China’s largest producer of sport-utility vehicles (SUVs) and pick-up trucks. In 2021, it was the third largest Chinese plug-in electric vehicle manufacturer in the Chinese market, with 4% of market share, selling under brand names such as Ora and Haval.

Websitegwm.com.cn (Chinese)
gwm-global.com (Global)

Great Wall Motor Co., Ltd. history, profile and corporate video

 Great Wall Motor Co., Ltd. manufactures and sells automobiles, automotive parts and components. The company engages in the design, research and development, manufacture and sale as well as distribution of SUVs, sedans, pick-up trucks and automobile-related parts and components. It also manufactures core parts and accessories such as engines, front and rear axles, air-conditioning equipment drag ball pins, lever assembly and other parts and components for the production of automobiles. The company was founded in 1976 and is headquartered in Baoding, China.“

“Great Wall Motor History

Established in 1984, Great Wall initially manufactured only trucks not producing a saloon car until 2010. The company has been a very successful producer of pickup trucks first reaching top position in the Chinese pickup market in 1998. By 2010, cumulative production of Great Wall pickups had reached 700,000.

Making an initial public offering on the Hong Kong stock exchange on 15 December 2003, Great Wall was the first private Chinese auto manufacturer to become a public company. The company is considering listing on the Shanghai Stock Exchange as well.

Sales in 2010 were measured at less than 400,000 (near 2% market share) with exports a small portion of that figure at little more than 50,000, no increase from 2009 figures. That same year saw the Great Wall Haval H series as the 2nd most-purchased SUV in China although this figure may technically include two discrete models, the Great Wall Haval H3 and the Great Wall Haval H5.

Manufacturing for 2011 resulted in 486,800 units, and output this year was the tenth largest of any vehicle maker in China. In 2012 it was reported that the company only allows workers one day off per week and new hires undergo months-long, military-style training.

Great Wall started selling in Europe in 2006, offering small vans. A lot of 500 SUVs were shipped to Italy in 2006 as well. Great Wall products were first available in the Australian market in 2009, and the company was, as of 2010, the only Chinese car manufacturer to sell in the EU. European sales continue, with the 2011 opening of a factory in Bulgaria that assembles three different models from knock-down kits.”

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “Great Wall Motor

Follow us on Twitter. Send us a secure tip

- A word from our sponsors -

Most Popular

More from Author

Ethiopias’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Ethiopia, known for its rich cultural heritage, is also home to...

Trailblazers of Wealth: Kenya’s Five Most Influential Women in 2024

Kenya's economic landscape is distinguished not only by its vibrant markets...

Tanzania’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Tanzania's economic landscape is shaped by a diverse group of individuals...

- A word from our sponsors -

Ethiopias’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Ethiopia, known for its rich cultural heritage, is also home to some of the wealthiest individuals in Africa. These moguls have diversified their investments across various sectors including oil, mining, agriculture, and real estate, significantly contributing to the nation's economic development. Here's a look at the top...

Trailblazers of Wealth: Kenya’s Five Most Influential Women in 2024

Kenya's economic landscape is distinguished not only by its vibrant markets and industries but also by the formidable women who have risen to the top of these sectors. As of 2024, here is a detailed look at the five richest women in Kenya, highlighting their net worth,...

Somali’s Billionaire Elite: Unveiling the Top 10 Wealthiest Somali Moguls in Kenya in 2024

The Somali community in Kenya has produced some of the country's wealthiest and most influential business figures. Below is a list of the top 10 richest Somali individuals in Kenya, highlighting their estimated net worth and primary sources of wealth across various industries.RankNameTotal Net WorthAgeRegionSourceIndustry1Ismail Ahmed$1.6 billion58NairobiRemittanceFinancial...

Tanzania’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Tanzania's economic landscape is shaped by a diverse group of individuals whose investments and business acumen have not only amassed considerable wealth but also significantly contributed to the country's development. Here's an overview of the top 10 richest people in Tanzania in 2024, detailing their estimated net...

Kenyas’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

In Kenya, a fascinating mix of entrepreneurship, inheritance, and investment has shaped the financial landscape, leading to the emergence of a select group of individuals whose wealth is noteworthy. Below is a table profiling the top 10 wealthiest moguls in Kenya in 2024, highlighting their net worth,...

South Sudan’s Ambitious Leap: Transforming into Africa’s Leading Oil Powerhouse

Unveiling a New Era of Prosperity with Strategic Investments in Oil and Agro-Industries: South Sudan's Journey from Turmoil to ProsperitySouth Sudan, the world's youngest nation, has faced considerable challenges since gaining independence in 2011. Emerging from decades of conflict, including a brutal civil war that ended in...