codes: 175 (HKD counter) and 80175 (RMB counter)) announced that the total sales volume of the Group during the month of June 2024 was 166,085 units of vehicles, representing an increase of approximately 24% from the same period last year. Details are as follows:
Brand
Current month
The same
Year-on-year
Year-to-date in
Year-to-date for
YoY change
(Unit)
period last
("YoY")
current year
the same period
(%)
year (Unit)
Change (%)
(Unit)
last year (Unit)
Geely
121,540
106,691
14
741,860
553,250
34
of which: Galaxy
15,975
9,673
65
81,421
9,673
742
ZEEKR
20,106
10,620
89
87,870
42,633
106
LYNK & CO*
24,439
16,375
49
126,000
82,037
54
Total
166,085
133,686
24
955,730
677,920
41
of which:
Pure electric (battery
37,100
23,321
59
187,047
125,484
49
electric vehicles ("BEVs"))
Plug-in hybrid electric
28,859
11,702
147
133,138
22,113
502
vehicles ("PHEVs")
of which:
Export
35,347
21,954
61
197,428
118,116
67
Save as the sales volume disclosed above, during the month of June 2024, Proton** achieved sales volume of 10,836 units of vehicles, representing a decrease of approximately 25% compared to the same period last year. Further, in the first half of 2024, the cumulative sales volume of Proton reached 78,431 units of vehicles, representing a decrease of approximately 3% compared to the same period last year.,
Based on the strong sales performance of the Group's products achieved so far this year, the Group's management team decided to revise our original full-year sales volume target upward by approximately 5% from 1,900,000 units to 2,000,000 units.
-END-
Please note that the figures disclosed in this press release are unaudited and have not been confirmed by the Company's auditor and may be subject to adjustment and final confirmation. Shareholders and potential investors are advised to read carefully the financial results of the Group when it is published.
*: Although the total sales volume is not directly correlated to the revenue recognised by the Group during a specific period as it includes all sales volume of LYNK & CO on a 100% consolidated basis, the board of directors of the Company believes that it better reflects the potential demand for the Group's vehicles.
**: The Group completed the acquisition of a 49.9% equity stake in Proton on 28 April 2023. For more details about Proton, please refer to the Company's announcement dated 20 January 2023 and circular dated 6 April 2023.
For media enquiries:
Geely Automobile Holdings Limited
Mr Poon Chi Kit
Tel: +852 2598 3315
Email: ckpoon@geelyauto.com.hk
Prime International Consultants Limited
Ms Tracey Tong
Tel: +852 2891 4383
Email: tracey@primeintl.com.hk
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Geely Automobile Holdings Ltd. published this content on
01 July 2024 and is solely responsible for the information contained therein. Distributed by
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01 July 2024 10:31:05 UTC.
Geely Automobile Holdings Limited specializes in the construction and marketing of passenger cars. Net sales break down by activity as follows:
- sales of vehicles (96.3%): 1,500,838 vehicles sold in 2018, broken down by brand name as follows: Boyue (226.160 unit's), New Emgrand (223,068), Vision (160.168), Emgrand GS (152,338), Vision SUV/X3/S1 (327,714), Emgrand GL (144,181), Lynk&Co 01 (78,235), Binrui (40,632) and GC9 (38,260) ;
- sales of spare parts and automotive components (3.7%).
At the end of 2018, the group operated 10 production sites in China.
Net sales are distributed geographically as follows: China (98.7%), Middle East (0.6%), Europe (0.4%), Africa (0.2%) and Latin America (0.1%).