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.
