Home: Motoring > Geely sold over 110,000 units in August

Geely sold over 110,000 units in August

From:Internet Info Agency 2020-09-09 15:41:57

Geely recently announced its sales data for August 2020. IIA learned from officials that the brand sold 113,443 new cars in August this year, an increase of 12% year-on-year. Not only that, the cumulative sales of Geely from January to August this year have reached 749,107 units, reaching 57% of the annual sales target of 1.32 million units, and still ranking first in sales of Chinese brand passenger vehicles. In addition, Lynk & Co. also achieved sales of 17,098 vehicles in August this year, an increase of approximately 56% year-on-year, creating the highest monthly sales volume in the history of Lynk & Co.

According to official sales data, Geely Automobile sold 113,443 new cars in August this year, which is a 12% increase compared with 101,228 in the same period last year. After Geely returned to normal in May this year, monthly sales exceeded 11 Ten thousand vehicles, sales performance is still very strong. In addition, from January to August this year, Geely’s cumulative sales have reached 749,107 units, fulfilling 57% of its annual sales target of 1.32 million units, and has been the sales champion of Chinese brand passenger vehicles for three consecutive years.

Since the release of the "high-end pure electric brand"-Geometry in 2019, Geely has formed a new pattern of joint development of Geely, Lynk & Co and Geometry, and launched Geometry A, Jiaji, Xingyue, and Lynk & Co 03+ , Boyue PRO and many other new models, covering market segments such as cars, SUVs, and MPVs.

From the perspective of specific models, the Boyue family, Emgrand family, Vision family and Bin series are still Geely’s main models. Among them, the Emgrand’s sales in August was the most eye-catching, reaching 27,670 units. Boyue's sales in August exceeded 20,000 units again, reaching 20,685 units. In addition, Binyue and Binrui also sold 15,829 units in August. The Vision series sold 12,835 new vehicles in August.

In terms of new models, Haoyue, the first large-space SUV launched at the end of June this year, performed well in August, with a total of 6,505 new vehicles sold. Large space and cost-effective prices are Haoyue’s biggest selling points. ICON has also maintained a stable sales performance since its launch. In August this year, 3,511 new cars were sold for this product, which became a brand new growth point in Geely's SUV product matrix.

In addition, Geely’s Xingyue series sold 8,200 vehicles in August. Relying on the strength of Geely's CMA structure, the new car has won the top sales of Chinese brand coupe SUVs for six consecutive months since its launch, and it has also attracted the attention of more and more young consumers.

In terms of NEV, Geometry sold 6,609 new cars in August, an increase of approximately 3% from the previous month. It is worth mentioning that on August 7, Geometry brand's first pure electric SUV Geometry C was officially launched. The launch of the new car not only enriched the brand's new energy product matrix, but also could drive the overall sales of new energy models in the future.

Lynk & Co. sold 17,098 new cars in August this year, an increase of approximately 11.5% month-on-month and an increase of approximately 56% year-on-year, achieving five consecutive months of double growth and also creating the highest monthly sales volume in the history of the Lynk & Co brand. Not only that, the cumulative sales of Lynk & Co from January to August this year reached 87,192 units, a year-on-year increase of approximately 15.5%. The sales performance also showed the brand's strong market competitiveness.

In terms of new models, the Lynk & Co 06 was officially launched on September 6. The new car is a new entry-level small SUV under the brand, and it is also the smallest model in the Lynk & Co series. The price range of the new car is between RMB 118,600 and 158,600. It provides three power options: fuel version, MHEV mild hybrid version and PHEV plug-in hybrid version to meet the diverse needs of young users. In the future, Lynk & Co 06 will also boost brand sales growth with a new attitude.

In the second half of this year, in addition to Geometry C and Lynk & Co 06, Geely Automobile will also bring us another Geely PREFACE production model. The new car will be officially launched in the fourth quarter of this year. The car is the first sedan of Geely's CMA architecture. It is positioned as a wide-body A-class sedan. The appearance adopts a new design style and is more youthful and sporty. Not only that, the new car also has a strong intelligence gene, and also has the ability to achieve L4 level automatic Driving function and powerful intelligent interactive system. After the launch of the new car, it is expected to become a new force in the upward direction of the Geely brand.

The reason why Geely Automobile has been able to win the sales champion of Chinese brand passenger cars for three consecutive years is mainly because the brand has a rich lineup. The steady launch of new models not only promotes brand activity and market influence, but also accelerates brand development.

In August, Geely announced that it would lower its annual sales target from 1.41 million vehicles to 1.32 million vehicles. This adjustment was made based on its summary of its performance in the first half of the year and its forecast of market trends that are still uncertain in the second half of the year. Decision. Although the sales target has been lowered, the current brand has only completed 57% of the sales. If you want to complete the annual sales target within the next 4 months, you really must continue to work hard!

Editor:Liu Nan