CHINA: Geely defies China slowdown with strong July
Geely Automobile has announced that the total sales volume of the group for the month of July was 29,578 units, an increase of approximately 47% over the same period in 2014, but was down approximately 11% from June. The group's exports volume was down around 35% year on year to 2,691 units in July, due to the uncertain political and economic environment in some of the group's major export markets.
Despite the sluggish automobile market in China recently, the group's sales in China in the month of July continued to maintain its strong momentum, with the total sales volume up around 68% year on year to 26,887 units. The overall sales volume in the first seven months of 2015 was 281,685 units, up about 36% from the same period in 2014 and achieving 63% of the full year sales volume target of 450,000 units in 2015.
The spokesman of Geely Automobile said, "During the month of July 2015, the combined sales volume of 'EC7' and 'New Emgrand' was 11,373 units, a significant increase of about 107% from the same period last year. The aggregate sales volume of 'GX7', 'SX7' and 'GX9', the group's Sport Utility Vehicles (SUVs), was 3,514 units in the month of July 2015, a decrease of about 12% from the corresponding period last year. The combined sales volume of 'Vision' sedan and its new version was 5,579 units in the month of July 2015, more than fivefold increase when compared with the same period last year. The group's newly-launched 'Geely GC9', its latest B-segment sedan, achieved a sales volume of 3,201 units in July 2015, an increase of around 16% from previous month."