2020 April 07, Hong Kong. Geely Automobile Holding Limited (Group) announced that the 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 the month of March 2020 was 73,021 units, a decrease of approximately 41% from the same period last year, but up approximately 245% from February 2020. Of the total sales volume in March 2020, 2,503 units were new energy and electrified vehicles (NEVs). The Group’s exports volume was down around 60% year-on-year to 3,152 units in the month of March 2020. During the month of March 2020, the Group’s total sales volume in the China market was 69,869 units, a decrease of around 40% from the same period last year. The total sales volume in the first quarter of 2020 was 206,027 units, a decrease of approximately 44% from the same period last year, and achieving 15% of the Group’s full year sales volume target of 1,410,000 units in 2020.
During the month of March 2020, the total sales volumes of sedans, sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs) were 23,593 units, 48,414 units and 1,014 units, respectively.
During the same period, the total sales volume of LYNK & CO-branded vehicles was 7,369 units.
Formally launched in Mid-February, Geely Auto’s online sales platforms have begun to show considerable results, sending more than 120,000 leads to dealers and over 10,000 units directly sold and paid for online. In the online sales platform first full month of operation, over 10% of Geely Auto sales were sold and paid for online.