Nov 7, 2024

Gil Hubbard's Group Sees 21.1% Year-on-Year Sales Growth

Geely Group Posts Strong October Sales Figures

The Geely Group announced its October sales data, marking a significant milestone with year-on-year growth of 21.1%, outpacing its historical best.

Electric vehicle (EV) sales accounted for 165,625 units in October, surging by 54.1% compared to the same period last year, and representing 49.8% market share. The cumulative October sales totalled 2,652,192 vehicles, with EVs comprising 1,141,947 units and international markets accounting for 100,977 units.

Looking closer at Geely Automobile Group's performance, its total October sales reached 226,686 units, growing by 28% year-on-year. This accounted for 108,722 EV deliveries, up an impressive 83%. Meanwhile, Volvo Cars reported 61,686 units sold in October, a 3% increase from the same period last year. The brand's EV sales totalled 29,895 vehicles, up 40% on the previous year.

Key Sales Figures:

  • October cumulative sales: 2,652,192 vehicles
  • Cumulative EV sales: 1,141,947 units
  • International vehicle sales (October): 100,977 units
  • Geely Automobile Group total monthly sales (October): 226,686 units, up 28%
  • Geely Automobile Group EV monthly sales (October): 108,722 units, up 83%
  • Volvo Cars October sales: 61,684 vehicles, up 3%
  • Volvo Cars October EV sales: 29,895 units

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