Geely’s sales volume increases 19% in May: Emgrand GS and NL3 selling 2,800 and 6,000+ units

   Date:2016/06/13
According to the latest data released by Geely, its sales volume reaches 45,850 units in May, increasing 19.7% compared to 38,395 units in May, 2015, the highest monthly growth in 2016. The sales growth is largely promoted by the domestic sales volume, which increases 29.2% from 34,231 units in May, 2015 to 44,220 units, while the exported sales volume decreases 60.9% to 1,630 units. Geely’s total sales volume from January to May reaches 233,763 units, increasing 6.7% from 219,038 units in last year. The domestic sales increases 10.1% to 224,050 units and exported sales decreases 37.5% to 9,713 units.
 
Emgrand, the best-selling one, sells 16,101 units in May, increasing 21% compared with the same period of last year. Jingang and Yuanjing sell 4,352 units and 10,885 units, decreasing 2% and increasing 31% respectively. GC9 sells 4,024 units, a double volume compared with last year.
 
More optimistic news comes from SUV models. Geely’s first crossover SUV, Emgrand GS, sells 2,800 units in May and it now has a higher-than-expected order quantity. NL3 sells 6,049 units in May, increasing more than 50% with 4,002 units in April. The total sales volume of GX7, SX7, GX9 and NL3 reaches 7,073 units, increasing 26%.
 
Some time ago, Geely announced to purchase the total shares of Geely Baoji and Geely Shanxi with a respective price of RMB 702m and 720m, making Geely Baoji into a high-end car and SUV production base, while Geely Shanxi will be used to produce new high-end cars and middle and high-end electric vehicles.
 
In the future, Geely Baoji will burden 90% capacity of NL3, with a planned monthly capacity reaching 16,000 units and yearly capacity reaching 200,000 units. It’s estimated that NL3’s sales volume will increase greatly when Geely Baoji’s expanded production releases the limited capacity.

Source:Gasgoo

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