Geely Auto January sales edge up 2% from a year ago

Shanghai (Gasgoo)-Geely Auto posts a year-on-year (YoY) growth of 2% with 158,393 vehicles delivered in January, the automaker said on February 11. Compared to the performance of last December, the company gained a remarkable jump of around 70%.

As for the comparison over the deliveries a month ago, all models achieved positive growth. Particularly, the Jan. sales of the all-new Vision, the Borui series, the Vision SUV, the Vision X3 and the Lynk & Co-branded cars all presented month-on-month (MoM) surge of over 100%.

However, apart from the Borui series, the Vision SUV and the Lynk & Co cars, quite a few models failed to outnumber or even equal to the record in the same period a year earlier. Speaking of sedan models' sales, the Emgrand, the all-new Vision and the Emgrand GL all faced negative YoY growth, especially, the monthly sales of the all-new Vision plunged up to 46.4%. The Geely Binrui, hitting the market at the end of last August, had a sales volume of 12,480 units, which was 21.4% more than the previous month.

Aside from the Vision SUV, the other SUV models all encountered YoY drop. The Vision S1, with 3,307 vehicles delivered last month, was hit with a remarkable decline of 67.9% over the year-ago period.

Lynk & Co car brand saw its sales in January doubled compared with a year ago thanks to the enlarged product lineup. To be specific, the sales of the Lynk & Co 01, 02 and 03 amounted to 6,182 units, 2,032 units and 4,374 units respectively.

In addition, Jan. sales of new energy vehicle models reached 9,022 units in total.

Geely Auto targets a 1.51 million-unit sales volume for 2019, only 10,000 units more than the sales number of 2018. In 2019, the automaker is going to roll out four all-new models in 2019, namely, the Geely Jiaji, the FY11, the GE11 and SX12. Particularly, the launching of Jiaji will supplement the company's product layout in MPV sector.