Geely Holding scores 28% YoY jump in Nov. 2023 auto sales
Shanghai (Gasgoo)- Zhejiang Geely Holding Group ("Geely Holding") announced on Tuesday that its monthly automobile sales reached around 293,200 units in November this year, jumping 28% from the previous year.
Of the vehicles the group sold last month, 103,900 units were new energy vehicles (NEVs), representing a 44% year-on-year spike and accounting for 35.44% of the group's total sales.
For the first 11 months of 2023, Geely Holding saw its cumulative auto sales grow 21% over a year earlier to 2.509 million units.
Geely Galaxy L7; photo credit: Galaxy
Breaking down the sales figures by specific business units, Geely Auto Group, which presides over Geely, ZEEKR, Lynk & Co, and Livan Auto brands, sold 200,079 vehicles in November, reflecting a year-on-year leap of 38% and a month-on-month increase of 11%. To be specific, the Nov. sales volume of Geely-branded vehicles came in at 153,845 units (+42% YoY), including 13,770 units from the Galaxy NEV-dedicated range. The premium NEV brand ZEEKR recorded a sales volume of 13,104 units, which grew 19% over the year-ago period. Lynk & Co boasted a year-on-year surge of 66% in its Nov. sales, which amounted to 30,055 units. However, Livan Auto, the brand co-built with Lifan Technology, saw its monthly sales plunge 58% from a year earlier to 3,075 units.
In addition, Volvo Cars sold 63,682 vehicles worldwide last month, indicating an 8% rise over a year ago and achieving a year-on-year sales growth for the 15th month in a row. Its Jan.-Nov. global sales reached 632,701 units.
Notably, Volvo Cars recorded a China sales volume of 15,178 units in November.
What's more, Proton Auto sold 141,900 vehicles through the Jan.-Nov. period of 2023, 12,296 units of which were recorded last month.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com