Geely sales pushed up by Malaysian Proton increased demand.
Geely has just shared its total sales figure for the ‘slow’ month of July and it almost reached 100,000 units. This impressive sales figure includes the success of the electrified division and also its joint venture with Malaysian national car brand Proton.
Meanwhile, if the pandemic was in control in Malaysia and lockdown was not in force, Geely could have easily posted a higher July sales figure as there are almost 50,000 pending orders for the rebadged Geely vehicles in Malaysia, the Proton X70 and their latest best seller, the Proton X50 Crossover.
It looks like Geely will need to push its suppliers in China and also Malaysia to get those back orders moving once the Malaysian factory lockdown has been lifted and showrooms can start delivering the X70 and X50 to long waiting customers.
PRESS RELEASE: Geely Automobile Holding Limited (Group) announced that the the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group’s 50 percent-owned joint venture) for the month of July 2021 was 99,275 units.
This is a decrease of approximately 6 percent from the same period last year and down approximately 1 percent from June 2021.
Of the total sales volume in July 2021, 7,794 units were new energy and electrified vehicles.
The Group’s exports volume was up approximately 56 percent year-on-year to 7,054 units in the month of July 2021. During the month of July 2021, the Group’s total sales volume in the China market was 92,221 units, a decrease of around 8 percent from the same period last year.
The total sales volume in the first seven months of 2021 was 729,512 units, an increase of approximately 15 percent from the same period last year, achieving 48 percent of the Group’s full year sales volume target of 1,530,000 units in 2021.
During the month of July 2021, the total sales volumes of sedans, sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs) were 37,829 units, 60,738 units and 708 units, respectively.
During the same period, the total sales volume of LYNK & CO-branded vehicles was 18,225 units, up around 19 percent year-on-year.
During the month of July 2021, the shipping volume of the Group’s exports of LYNK & CO-branded vehicles, namely “01 HEV” and “01 PHEV” to the European market was 1,400 units.
The total shipping volume in the first seven months of 2021 was 5,046 units and a total of 495 units of vehicle were delivered to its subscription customers in the European market under its innovative subscription model so far this year.
