Industry dynamics

Geely’s sales volume grows 88% year-on-year in July

Publishtime:2019/08/16 Views:35

Geely’s sales volume grows 88% year-on-year in July

Good news continues for Geely Group that it sells 91,104 units in July with a year-on-year growth of 88%, performing well in the market. Main models including New Emgrand, Yuanjing, NL-3 and Emgrand GS all show outstanding performances. The total sales volume from January to July reaches 621,731 units and increases 89% year-on-year, accomplishing 57% of the total annual sales target of 1.1m units.

New Emgrand sells 18,413 units in July with a year-on-year growth of 16% and month-on-month growth of 13%. It has a total sales volume of 139,922 units in the previous seven months, contributing greatly for Geely’s total sales volume. Yuanjing also shows increasing sales volume of 10,863 units in July, increasing 32% year-on-year. Emgrand GL has a total sales volume of 59,283 units in the previous seven months. GC-9 sells only 3,017 units in July with a year-on-year decline of 11%.

NL-3 sells 21,872 units in July, increasing 116% with the same period of last year. Its total sales volume from January to July reaches 146,304 units, accounting for 1/4 of Geely’s total. Emgrand GS continues to make historical high record with monthly sales volume reaching 12,863 units in July and growing 91% year-on-year. Yuanjing SUV only sells 9,122 units in July.

It should be noticed that the sales volume of two hot models New Emgrand and NL-3 accounts for nearly half of Geely’s annual sales volume. It could be predicted that the newly-launched models including Yuanjing X3, new NL-3, along with the current models, will bring better performances for Geely in the remaining year.