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Geely Auto achieves 2020’s sales target

Monika From Gasgoo| January 06 , 2021

Shanghai (Gasgoo)- Geely Automobile Holdings Limited (called “Geely Auto” for short) and its subsidiaries sold a total of 1,320,217 new vehicles last year, a decrease of roughly 3% from the year-ago period and in line with the 1.32 million-unit sales target set for 2020.

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Geely Preface; photo credit: Geely Auto

The company said it aims to sell 1.53 million vehicles in 2021, gaining a 16% year-on-year increase.

For the month of December 2020, the group (Geely Auto and its subsidiaries) saw its sales volume jump around 19% from a year earlier to 154,202 units. Of those 7,171 units were new energy and electrified vehicles (NEVs), including the the Geometry As, the Emgrand EV and the Emgrand GSes, representing a month-on-month growth of 5%.

Last month, Geely Auto's export volume was up more than twofold over a year ago to 11,905 units, while the domestic sales rose roughly 12% to 142,297 units.

Geely Auto has so far deployed its businesses in 24 overseas countries, and had nearly 400 sale and after-sales service outlets outside China. Last year, Jordan, Iraq, Burma and Israel joined the lineup of Geely's overseas markets.

In December 2020, the sales of sedans, SUVs and MPVs stood at 57,289 units, 93,839 units and 3,074 units respectively. The sales of the Preface exceeded 12,000 units, only two months after the car hit the market.

Geely Auto released in November its first of many firmware-over-the-air (FOTA) updates, updating some of the functions of the CMA-based “family sedan” Preface.

During the same month, the total sales volume of LYNK & CO-branded vehicles was 24,853 units, skyrocketing 130% year on year and breaking the brand's record high monthly sales volume for the sixth month in a row.

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