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00175 GEELY AUTO
RTNominal up9.390 +0.190 (+2.065%)
Others

07/09/2021 09:23

Geely Auto (00175) Aug sales volume down 22%

[ET Net News Agency, 7 September 2021] Geely Automobile Holdings Limited (00175) said
the total sales volume of the group (including the sales volume of LYNK & CO-branded
vehicles sold by the group's 50%-owned joint venture, namely LYNK & CO JV) during the
month of August 2021 was 88,348 units, a decrease of approximately 22% from the same
period last year and down approximately 11% from July 2021. During the month of August
2021, despite the impact of the epidemic in some regions and the global shortage of chip
supply affecting the group's delivery volume, the retail sales volume of the Group in the
month of August 2021 still reached record high for the same period. Of the total sales
volume in August 2021, 8,201 units were new energy and electrified vehicles, an increase
of around 24% from the same period last year.
The group's exports volume was down approximately 2% year-on-year to 6,225 units in the
month of August 2021. During the month of August 2021, the group's total sales volume in
the China market was 82,123 units, a decrease of around 23% from the same period last
year.
The total sales volume in the first eight months of 2021 was 817,860 units, an increase
of approximately 9% from the same period last year, achieving 53% of the group's full year
sales volume target of 1,530,000 units in 2021. (RC)

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