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Geely sales continue to surge; Great Wall deliveries slump
Automotive News China | 2018/8/10

Geely Automobile Holdings maintained robust sales growth in July, with deliveries jumping 32 percent year on year to 120,277 vehicles. By contrast, Great Wall Motor Co.¡¯s sales slumped 21 percent last month from a year earlier to 54,334.

For Geely, the increase was led by the Geely GL compact sedan and Vision X3 subcompact crossover, as well as the Lynk & CO 01 and 02 crossovers. GL deliveries surged 50 percent to 12,566, and sales of the Vision X3, which hit the market last August, reached 10,811. Combined deliveries of the two Lynk & CO crossovers, the premium brand¡¯s first products, totaled 12,300.

Through July, Geely¡¯s deliveries surged 43 percent from a year earlier to 886,907 vehicles. 

For Great Wall, the July sales decline stemmed from a 31 percent plunge in deliveries of the Haval brand, which specializes in mass-market crossovers and SUVs. Haval¡¯s July sales totaled 37,294.

Since last year, Great Wall has begun selling three models ¨C- the VV5 and VV7 compact crossovers and the P8 SUV -- under its new premium Wey brand. But with the three products combined generating only 7,080 sales last month, Wey failed to shore up Great Wall¡¯s sales. 

Great Wall stopped developing sedans several years ago. Sales of the company¡¯s only sedan model, the Great Wall-badged C30 compact, shrank to 872 in July. 

As pickup demand remained strong on the domestic market, sales of Great Wall¡¯s Wingle pickup brand rose 7.9 percent to 9,088 last month.

For the first seven months, Great Wall¡¯s sales dipped 0.8 percent from a year earlier to 525,849. 

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