Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Chinese Version   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
 
Geely sales remain robust despite holiday
Automotive News China | 2018/3/13

Geely Automobile Holdings' sales advanced 24 percent to 110,243 vehicles in February despite the weeklong Chinese New Year holiday.

The gain was driven by sustained strong demand for four models the company developed on a new vehicle platform and launched in 2016. 

Among the four models, the Boyue, Emgrand GS and the crossover version of the Vision combined to post sales of 41,497 last month.

Sales of the Emgrand GL compact sedan totaled 10,105. 

The four models accounted for 47 percent of Geely¡¯s sales last month.

In February, deliveries of the 01 compact crossover, the first vehicle under Geely¡¯s newly created premium Lynk & CO brand, reached 4,012. It went on sale in December. 

In January, Geely¡¯s sales surged 51 percent from a year earlier to 155,089.

In the first two months, the company¡¯s deliveries surged 38 percent year on year to 265,332 vehicles.

Geely will launch sales of the second model, another crossover, under the Lynk & CO brand later this month.

Geely, based in the east China city of Hangzhou, is a Hong Kong-listed subsidiary of Zhejiang Geely Holding Group. Geely Group also owns Volvo Car Corp. 

After Zhejiang Geely purchased an 8.2 percent stake in Swedish heavy-duty truckmaker AB Volvo in December, Geely Group chairman Li Shufu acquired a 9.67 percent interest in Daimler AG in February.

Related Stories
  • China takes wheel as true driver of global auto industry
  •     --Published:2018/15/6
     
  • Geely's explosive sales, powered by crossovers, roll on
  •     --Published:2018/12/6
     
  • Geely Auto Group tech chief to lead Lotus
  •     --Published:2018/8/6
     
  • London cab company to build plug-in hybrid van using taxi tech
  •     --Published:2018/5/6
     
  • Geely Auto launches flagship sedan with Volvo tech
  •     --Published:2018/5/6
     
  • Why Chinese cars, crossovers should worry Europe's brands
  •     --Published:2018/5/6
     
  • How Lynk & CO aims to stand out in
  •     --Published:2018/29/5
     
  • Geely's Daimler stake should have been disclosed earlier, Germany says
  •     --Published:2018/15/5
     
  • Volvo Car selects Citi, Goldman, Morgan Stanley to steer IPO, report says
  •     --Published:2018/11/5
     
  • Geely Auto extends sales surge on strength of 4 crossovers
  •     --Published:2018/8/5
     
  • Daimler has plan in case new Chinese shareholder turns hostile
  •     --Published:2018/4/5
     
  • Lynk & CO's high-tech auto plant flags global challenge
  •     --Published:2018/1/5
     
  • Geely Auto debuts flagship sedan with technologies developed with Volvo
  •     --Published:2018/27/4
     
  • Daimler investor Li warns automakers must talk or face oblivion
  •     --Published:2018/20/4
     
     

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     

     
     

    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
     
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.
    »¦ICP±¸06057291ºÅ