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 shores up sales on Lynk & CO volume
Automotive News China | 2018/11/9

Geely Automobile Holdings eked out a 3 percent sales gain in October as demand for the newly created premium brand Lynk & CO more than offset weaker deliveries for the mass-market Geely marque. 

The Hong Kong-listed company sold 128,986 vehicles under the two brands last month. 

Lynk & CO offers three models after launching sales of its first product, the 01 compact crossover, in November last year. The other two models -- the 02 compact crossover and the 03 compact sedan C went on sale in June and October, respectively 

In October, the brand delivered 15,207 vehicles. 

Sales at the Geely brand dropped 9.1 percent from a year earlier to 113,779 as demand in the overall Chinese car market remained weak. 

Through October, Geely delivered 1,265,844 vehicles under the Geely and Lynk & CO brands.

Geely and Volvo Car Corp. are both owned by private Chinese automaker Zhejiang Geely Holding Group. Volvo holds a 30 percent stake in Lynk & CO.

In late 2019, the plug-in version of the Lynk & CO 01, which shares a platform with the Volvo XC40, will be assembled at Volvos plant in Ghent, Belgium. The vehicle is expected to hit the European market in 2020. 

Related Stories
  • Li Shufu's sky-high ambitions for Geely as mobility provider
  •     --Published:2018/9/11
     
  • Lynk & CO 'gears' up for U.S.
  •     --Published:2018/30/10
     
  • Daimler, Geely form ride-hailing JV in China
  •     --Published:2018/26/10
     
  • Lynk & CO's first sedan, the 03 compact, goes on sale
  •     --Published:2018/23/10
     
  • Geely 'corrects' rumors about presidential family ties
  •     --Published:2018/19/10
     
  • Geely-backed flying-car developer Terrafugia starts taking orders
  •     --Published:2018/16/10
     
  • Daimler, Geely team up on ride-hailing venture
  •     --Published:2018/12/10
     
  • Geely maintains double-digit sales growth in September
  •     --Published:2018/9/10
     
  • Honda localizes transmission output for hybrid vehicles
  •     --Published:2018/18/9
     
  • Geely, citing trade uncertainty, postpones Volvo IPO
  •     --Published:2018/11/9
     
  • Toyota, Geely exploring joint hybrid vehicle tech
  •     --Published:2018/7/9
     
  • Geely August deliveries surge behind electrified volume, Lynk & CO
  •     --Published:2018/7/9
     
  • Geely bets on bigger cars for growth with new plant
  •     --Published:2018/31/8
       
     
     

    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.
    ICP06057291