AutoBeta(AutoBeta.net)11/06 Report--

Today, Geely released car sales figures for October 2019. Geely sold 130180 vehicles in October, up about 1% from a year earlier and about 14% from a month earlier. In addition, from January to October in the first three quarters of this year, Geely's cumulative sales once again exceeded 1 million, reaching 1088290 vehicles. At present, it has achieved 80% of the annual sales target of 1.36 million vehicles, ranking first among many Chinese brand cars.

Among them, the number of car exports in overseas real markets in October was 2986, an increase of 124% over the same period last year. The total export volume from January to October was 51465, an increase of 196% over the same period last year.

Of the total sales in October 2019, Geely sold 10294 new energy and electrified models, up 27 per cent from a year earlier, and 89032 from January to October this year, up 74 per cent from a year earlier. Among them, high-performance pure electric car Geometry A sold 1565 cars in October and sold 9136 cars in half a year on the market.

With the launch of many new energy models, such as Geometry An and LinkedIn plug-in hybrid family, Geely has also made rapid development in the field of new energy. Sales of Geely's high-end brand Lecker reached 14038 in October 2019, an increase of-8% year-on-year and 3% month-on-month, showing a sustained and steady growth. Among them, LEC 01 reached 4792, LEC 02 reached 2218, and LEC 03 reached 7028. After sales broke through the 6, 000 mark for the first time in September, the performance family reached a new high in October, selling 7028 units, an increase of 8% from the previous month, making it one of the most popular models of Lecker products.

After the first three quarters of this year, the passenger car market industry has hit bottom and rebounded. In the first 10 months of this year, Geely's product structure has been continuously optimized, the profitability of bicycles has rebounded, and the overall effect of destocking is relatively obvious, with the continuous launch of superimposed new models and the reduction of terminal discounts. Geely's sales are expected to rise again in the next two months.

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