Geely Auto Group (Geely Auto) has reported annual sales of 1,247,116 units in 2017, an increase of 63% from the previous year and beating their revised annual sales target of 1.1 million units. December sales reached a new high of 153,625 units, an increase of approximately 42% over the same period last year.
Geely Auto’s strong growth came on the strength of the brand’s third generation models, all of which became benchmark products in their respective segments and have subsequently set their own sales records since being introduced in 2015.
Due to strong 2017 sales, Geely Auto Group has subsequently set its 2018 sales volume target to 1.58 million units (including the sales volume target for LYNK & CO-branded vehicles). Geely Auto’s ambitious 2018 sales goal is far ahead of expected market growth, showcasing Geely Auto’s confidence in its current and future product range. Under its “20200 Strategy,” Geely Auto aim to reach 2 million in annual sales by end of 2020.
Geely Auto is Setting New Industry Standards
Since Geely Auto launched its third generation of vehicles in 2015, Geely Auto has been able to push forward with strong growth thanks to their leading products, high quality, renowned service, and increased brand image.
For the last three consecutive months of 2017, Geely Auto’s flagship SUV, Bo Yue, sold more than 30,000 units per month, with December ending with 31,205 units sold and an annual total of 286,900 units. The Bo Yue has become a SUV market leader and has set a new benchmark within the market its leadings levels of intelligence and connectivity.
