Supported by Boyue and Emgrand GS’s growths, Geely’s sales volume increases 41% in June

   Date:2016/07/11
According to Geely’s latest data, Boyue and Emgrand GS sell 8,142 and 4,600 units in June respectively, driving Geely’s sales volume to increase 41%. Geely has a total sales volume of 280,000 units in the first half of year, accomplishing 47% of the annual target. Geely sells 46,574 units vehicles in June, increasing 40.8% with the same period of last year and 2% with May. The single monthly growth has reached a new historical high.
 
The high growth is mainly resulted by the domestic sales growth, which is more than 40% in June. Sales volume in foreign markets has a large decrease, influenced by political and economic factors. Domestic sales volume increases 46.4% to 45,619 units, while foreign sales volume decreases 49.8% to 955 units. It can be concluded that Geely relies more on the domestic market as a result of the unstable factors in foreign markets.
 
Geely has a total sales volume of 280,337 units for new cars in the first half of year, increasing 11.2% with the same period of last year. Geely accomplishes 46.7% of the 600,000 units’ annual sales target, leveling with GWM and higher than most auto companies.
 
SUVs, Emgrand and Vision all have outstanding performances among all models. Emgrand, the best-seller model, sells 16,969 units in June, increasing 46%. Jingang sells 3,757 units, increasing 3%. Vision sells 9,069 units, increasing 31.5%. GC9 sells 3,335 units, increasing 21.3%. Sales volume of SUVs increases 63.7% to 8,398 units. Boyue sells 8,142 units, increasing greatly with 6,049 units in May and 4,002 units in April.
 
Emgrand GS sells 4,600 units in June, much higher than 2,800 units in May.
 
The production capacity of Boyue is expected to have a further increase, along with the reconstruction of Baoji Base. Baoji Base, with a planned annual capacity of 200,000 units and monthly capacity of 16,000 units at the end of year, will burden 90% of Boyue’s production volume.

Source:Gasgoo

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