Hong Kong-based auto manufacturer Geely Automobile Holdings Limited’s (Geely Auto) total vehicle sales in December 2020 stood at 154,202 units, up by 19pc from the same month year prior and by 2pc from November 2020, the company said in a statement.
The sales volume includes sales of Lynk and co-branded vehicles sold by the company’s 50pc-owned joint venture.
Of total December sales, new energy and electrified vehicles (NEVs) sales stood at 7,171 units, up by 5pc from the same month in the preceding year. The sales of sedans, SUVs, and MPVs in December stood at 57,289 units, 93,839 units, and 3,074 units respectively.
The company’s exports in December grew twofold to 11,905 units as compared to the prior year, while sales in the Chinese market stood at 142,297 units, up by 12pc from Dec 2019. The company exports vehicles to 24 countries. In 2020, it started exporting vehicles to Jordan, Iraq, Burma, and Israel.
China’s domestic auto market faced an immense challenge in 2020 due to the problems due to the COVID-19 pandemic and intensified competition in the sector.
Despite the shutdown in the first quarter of 2020 due to the COVID-19 pandemic, Geely Auto managed to achieve its 2020 target. The company’s cumulative sales for 2020 declined by 3pc to 1.32mn units, keeping in line with its 2020 annual sales target of 1.3mn units.
In 2020, the company’s exports grew by 25.3pc to 72,700 units compared to the year before. It also launched new models in 2020 in Russia, the Philippines, Kuwait, Saudi Arabia, and Myanmar.
Geely Auto aims to produce 1.53mn units in 2021, increasing its total sales volume by 16pc from cumulative sales achieved in 2020.