On August 6, the latest sales data released by Geely Automobile showed that in July, its new car sales totaled 99,275 units, down 5.6% from July last year (Geely Automobile announced 105,218 units in July 2020). The cumulative sales of Geely Automobile from January to July were 729,512 units, a year-on-year increase of 15%, and 48% of its annual sales target of 1.53 million units was completed.

　　In terms of brands, the growth of Lynk & Co and Geometry series is the main highlight. In July, Geely's high-end brand Lynk & Co sold a total of 18,225 vehicles, a year-on-year increase of 19%. Since the launch of the brand, the cumulative total sales of all Lynk & Co models have exceeded 550,000 units, reaching 556,046 units. Geometry series received 7,127 orders in July, a year-on-year increase of 318%, and the actual delivery volume in July also exceeded 5,000.

　　Geely’s latest "Xing Zi generation" models have gradually gained a foothold in the market. The sales of the three models, Xingrui, Xingyue S, and Xingyue L, reached 18,235 in July, and the cumulative sales from January to July were 95,465. In fact, in the terminal market, relying on power, configuration and other aspects to surpass the product strength of the same level, Geely "Star Generation" has become a new force representing independent auto companies to sprint the market position of traditional joint venture brands. Among them, it is particularly worth mentioning that the Xingyue L, which was just launched not long ago, has already demonstrated quite impressive market appeal. The official data released by Geely Automobile shows that Xingyue L has achieved sales of 6,059 vehicles within 10 days of its launch. Single, the current order for new cars has exceeded 30,000.

　　Xingyue L, image source: Geely Automobile

　　Thanks to the steadily increasing market performance in recent years, Geely Auto’s financial situation has continued to improve. In the newly released 2021 Fortune Global 500 rankings, Geely Holding Group ranked 239th with a revenue of 47.19 billion U.S. dollars, which has increased by 4 places on the basis of 2020. It is reported that this is the tenth consecutive year that Geely Holding Group has been listed in the Fortune Global 500 and is also the only private automobile group on the list.

　　This article is reproduced from Gasgoo.com