{"id":2016,"date":"2016-01-07T07:27:42","date_gmt":"2016-01-07T07:27:42","guid":{"rendered":"https:\/\/geelysa.com\/?p=2016"},"modified":"2020-02-13T10:13:35","modified_gmt":"2020-02-13T10:13:35","slug":"geely-automobile-holdings-limited-2015-sales-up-22-yoy-to-500000-units","status":"publish","type":"post","link":"https:\/\/geelysa.com\/en\/geely-automobile-holdings-limited-2015-sales-up-22-yoy-to-500000-units\/","title":{"rendered":"Geely Automobile Holdings Limited 2015 Sales up 22% YoY to 500,000+ Units"},"content":{"rendered":"

7 January 2016, Hangzhou.<\/strong>\u00a0Geely Automobile Holdings Limited (\u201cGeely Auto\u201d) announced that the total sales volume of the company for the year 2015 was 509,863 units, an increase of 22%year-on-year, surpassing its sales target of 450,000 by 13%. The Group\u2019s total sales volume for the month of December 2015 was 53,633 units, a decrease of approximately 2% over the same period last year, but up approximately 4% from November 2015. In December 2015 Geely Auto\u2019s China sales remained strong with total sales volume up around 6% year-on-year to 52,821 units. The company\u2019s exports volume was down around 84% year-on-year to 812 units in December 2015,due to uncertain political and economic environments in some of the Group\u2019s major export markets.<\/p>\n

In 2015, Geely Auto continued to execute on commitments to product innovation, the introduction of breakthrough technologies, increased revenues and sales volumes, manufacturing efficiency and improved financial returns. A portfolio of increasingly popular models and stronger brand image helped maintain positive sales volumes, despite China\u2019s weakening auto market.<\/p>\n

Of particular note, Geely Auto\u2019s GC9 (Borui\u00a0within China), its latest B-segment sedan, set another record high with sales of 5,504 units in December 2015, an increase of around 1% from the previous month, and a healthy contribution to full-year sales of 32,570 units. The GC9 model was named \u201cChina\u2019s Car of the Year for 2016\u201d, representing the highest standards of technology, design, quality and craft in the B-segment among Chinese auto brands. The GC9 model also achieved the maximum five stars in C-NCAP Crash Test, wining significant recognition from customers, media and the industry.<\/p>\n

Similarly,sales of Geely Auto\u2019s \u201cNew Vision\u201d \u2013 both the previous and new model of this mainstay compact – hit 13,189 units in the month of December 2015, up about 56% year-on-year. The new \u201cVision\u201d is equipped with a 1.3T turbo charged engine and a G-Link interactive phone system, consolidating and enhancing Geely Auto\u2019s position in the A-segment market.<\/p>\n

Meanwhile,in December 2015, sales of the \u2018New Emgrand\u2019 reached 23,491 units. Aggregate\u00a0sales of the \u2018GX7\u2019, \u2018SX7\u2019 and \u2018GX9\u2019, the Group\u2019s Sport Utility Vehicles (SUVs), reached 5,139 units in the month of December 2015, comparable to sales in the corresponding period last year.<\/p>\n

In addition, in November 2015 Geely Auto launched its new energy initiative, Blue Geely, which will see Geely Auto increase its focus on the development and sale of new energy vehicles, and move away from traditional combustion engine technologies. At the same time, Geely Auto launched its first pure electric vehicle, the \u201cEmgrand EV\u201d which is based upon the best-selling Emgrand series. The Blue Geely initiative sets an ambitious target with new energy vehicles expected to make up 90% of Geely Auto\u2019s sales by 2020, of which 65% will be plug-in hybrid and hybrid vehicles, and 35% pure electric vehicles. At the same time, Geely Auto will push forward with research into hydrogen fuel cells and metal fuel cells to become a market leader in new energy, lightweight material technologies, and intelligent and connected systems. The Blue Geely initiative demonstrates Geely Auto\u2019s long-term development direction and is a clear commitment to continuously developing and leading in new energy vehicles.<\/p>\n

Geely Auto CEO and President, Mr. An Conghui, commented: \u201cGeely Auto\u2019s strong growth in 2015 amid China\u2019s weakening auto market is testimony to our ongoing strategic transition, increased product strength and growing brand image. In 2016, Geely Auto will continue to push the frontiers in new technologies,deliver exciting product innovations and increase brand experience, to deliver refined, high-quality vehicles.\u201d<\/p>\n

Taking into account Geely Auto\u2019s growing brand image and product pipeline, as well as our evaluation of the wider auto market, Geely Auto has set a full-year sales target of 600,000 units for the full year 2016, representing an increase of approximately 18% over 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"7 January 2016, Hangzhou.\u00a0Geely Automobile Holdings Limited (\u201cGeely Auto\u201d) announced that the total sales volume of the company for the year 2015 was 509,863 units, an increase of 22%year-on-year, surpassing its sales target of 450,000 by 13%. The Group\u2019s total sales volume for the month of December 2015 was 53,633 units, a decrease of approximately… <\/a>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[368],"_links":{"self":[{"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/posts\/2016"}],"collection":[{"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/comments?post=2016"}],"version-history":[{"count":3,"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/posts\/2016\/revisions"}],"predecessor-version":[{"id":2769,"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/posts\/2016\/revisions\/2769"}],"wp:attachment":[{"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/media?parent=2016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/categories?post=2016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/geelysa.com\/en\/wp-json\/wp\/v2\/tags?post=2016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}