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Geely Auto extends sales surge on strength of 4 crossovers
2018/5/8
source: automotive news
Geely Automobile Holdings continued to record robust sales in April, with deliveries rising 49 percent year on year to 128,817.
 
 
Demand for four compact crossovers drove most of the gains at the company.

Sales of the Boyue, Emgrand GS and Vision, which are marketed under the Geely brand, tallied 23,025, 12,425 and 10,983 last month.

Deliveries of the 01 crossover, the first product under the company¡¯s newly created Lynk & CO brand, reached 9,079 vehicles in April.

The four crossovers, with sales totaling 55,512, accounted for 43 percent of Geely¡¯s deliveries in April.

In the first four months, Geely delivered 515,113 vehicles, a rise of 41 percent from the same period last year.

At the Beijing auto show last month, Geely introduced a new flagship sedan, the Borui GE plug-in hybrid. The vehicle will go on sale this summer.

The Borui GE is the third electrified vehicle Geely has rolled out, following plug-in hybrid and electric versions of the Emgrand car.

The company wants to derive 90 percent of its annual sales from hybrids, plug-in hybrids and electric vehicles by 2020.

Geely, based in the east China city of Hangzhou and listed in Hong Kong, is a subsidiary of Zhejiang Geely Holding Group. Zhejiang Geely also owns Volvo Car Corp.