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Geely Auto's (00175) Jan-Nov sales rise 29%
06 Dec 2018
(Infocast News) Geely Automobile (00175) announced that "the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group's 50%-owned joint venture) for the month of November 2018 was 141,661 units, an increase of approximately 0.3% over the same period last year and up approximately 10% from October 2018. Of which, 10,575 units were new energy and electrified vehicles (NEEVs). The Group's exports volume was up around 162% year-on-year to 3,102 units in the month of November 2018. During the month of November 2018, the Group's total sales volume in the China market was 138,559 units, a decrease of around 1% from the same period last year. The total sales volume in the first eleven months of 2018 was 1,407,505 units, an increase of approximately 29% from the same period last year, and achieving around 89% of the Group's full year sales volume target of 1,580,000 units in 2018.

"During the month of November 2018, the sales volumes of 'New Emgrand' and 'Vision' sedan were 20,514 units and 12,915 units, respectively. The sales volume of 'Geely Boyue' (吉利博越) was 19,575 units. The sales volume of 'Emgrand GS' (帝豪GS), its crossover SUV model, was 11,852 units. The sales volume of 'Emgrand GL' (帝豪GL), its A+ segment sedan model, was 13,438 units. The sales volume of 'Vision SUV' (遠景SUV) was 10,870 units.

"Amongst the NEEVs sold, the best-selling models were 'Emgrand EV' (帝豪EV), 'Borui GE PHEV' (博瑞GE PHEV) and 'LYNK & CO 01 PHEV' (領克01 PHEV) in the month of November 2018, which together accounted for around 78% of the total sales volume of NEEVs.

"During the month of November 2018, the sales volumes of 'LYNK & CO 01', 'LYNK & CO 02' and 'LYNK & CO 03' were 5,302 units, 3,008 units and 4,011 units, respectively.

"Most of the Group's newly launched models this year have been very well received: The latest new sedan model 'Bin Rui' (繽瑞) recorded a very high sales volume of 10,197 units in its third month of sales in November 2018. The latest new SUV model 'Bin Yue' (繽越) recorded a very high sales volume of 10,139 units in its first month of sales in November 2018."

(WL)
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