Geely Automobile Holding Sales Volume Reaches 88,348 Units for August 2021

Geely Automobile Holding Limited (Group) recently announced that the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group’s 50%-owned joint venture) for August 2021 was 88,348 units — a decrease of almost 22% since August 2020 and approximately 11% from just a month earlier.

 
Nonetheless, the retail sales volume of the Group still reached a record high for the same period despite the global pandemic and worldwide shortage of microchips and other automotive components, halting OEM production and throwing a wrench in worldwide fleet operations. About 8,200 units were new energy vehicles, up almost 25% from the same period last year, though the Group’s export volume also diminished about 2% in a year-to-year comparison to 6,225 units in August. In the China market, the Group’s total sales volume decreased about 23% to 82,123 units. To date, the Group has achieved 53% of its full year sales volume target of 1,530,000 units in 2021.

The Geely spokesman said that during August 2021, the total sales volume of sport utility vehicles, multi-purpose vehicles, and sedans was “57,237 units, 1,319 units, and 29,792 units, respectively.”