[ET Net News Agency, 13 February 2020] 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) for the month of January 2020 was
111,838 units, a decrease of approximately 29% from the same period last year and down
approximately 14% from December 2019, and achieving 8% of the group's full year sales
volume target of 1.41 million units in 2020. Of the total sales volume in January 2020,
4,762 units were new energy and electrified vehicles.
The group's exports volume was down around 68% year-on-year to 2,265 units in the month
of January 2020. During the month of January 2020, the group's total sales volume in the
China market was 109,573 units, a decrease of around 28% from the same period last year.
Despite this, the retail sales volume by the group's dealers remained significantly
stronger, achieving record high market share in the China market during the month. (RC)