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Geely Auto boasts 15% robust YoY growth in July sales

Monika From Gasgoo| August 07 , 2020

Shanghai (Gasgoo)- Geely Automobile Holdings Limited and its subsidiaries (collectively referred to as the "Group") sold 105,218 new vehicles in July, a year-on-year jump of roughly 15%. However, it posted an approximately 4% decrease from the previous month, the automaker said on July 6.

Last month, the Group's export volume rose about 13% over a year ago to 4,523 units, and its domestic sales leapt around 15% to 100,695 units.

The automaker was still bruised by a 14% year-over-year decrease in the Jan.-Jul. sales, versus 19% decline in the sales for the first half of the year. With 635,664 units sold as of July, the Group has completed 45% of its 1.41 million-unit annual sales target.

Geely Auto July sales, Lynk & Co July sales, China automotive news

(Geometry, photo source: Geometry Auto)

Among the vehicles sold last month, 6,401 units were the so-called new energy and electrified vehicles (NEEVs), including the Geometry A, the Emgrand EV and the Emgrand GSe, which tumbled 26.85% compared to June.

Geometry, Geely's BEV-focused brand, unveiled its second mass-produced model the "Geometry C" at the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) International Auto Show 2020. The new all-electric model is to hit the market today with two NEDC-rated ranges—400km and 550km—to be offered.

During the same month, the automaker sold 35,581 sedans, 66,387 SUVs and 3,250 MPVs respectively.

Geely Auto July sales, Lynk & Co July sales, China automotive news

(Haoyue, photo source: Geely Auto)

On June 23, Geely put its all-new SUV “Haoyue” onto the market, thus enabling its SUV lineup to cover such powertrain types as fuel-powered, plug-in hybrid and all-electric versions. The sales of the SUV boasting spacious seating room amounted to 3,027 units in July.

Lynk & Co saw its July sales soar roughly 78% to 15,331 units, hitting the brand’s record high monthly sales volume.

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