The Geely group sold 2,097,608 light vehicles in 2020
- The Chinese group Geely sold 2,097,608 light vehicles (passenger cars and light utility vehicles) in 2020, including 815,660 from the Geely brand, 661,713 from Volvo, 323,150 from Emgrand, 176,719 from Lynk& Co, 108,716 from Proton, 10 305 from Geometry and 1 345 from Lotus. The Chinese group's sales are stable compared to 2019 (+ 0.5%).
- The Geely group benefited from the low impact of Covid-19 on the Chinese car market (-1.8%) in 2020, that is to say, it avoided a drastic drop in sales unlike many non-Chinese carmakers. It remains the leading Chinese carmaker, ahead of Changan (1.31 million units), Great Wall (1.10 million), Dongfeng (1 million), SAIC MG-Roewe (860,000), BAIC (840,000), FAW (790,000), Chery (730,000) and BYD (430,000). Joint-ventures productions are not counted in these totals, as the leading Chinese carmaker producing foreign cars under license is SAIC, ahead of FAW and Dongfeng.
- The Geely group is therefore in thirteenth position worldwide in 2020, behind Suzuki, BMW and Daimler, which was already the case since 2017. The Chinese carmaker is now well diversified, as apart from China, which represents 72 % of its sales and 72% of its production, Geely has production plants in Europe (with Volvo and Lotus), Malaysia (Proton) and the United States (Volvo).
- It is to remind that Geely owns 49.9% of Proton, 51% of Lotus and 50% of Smart, plus a minority stake in Volvo Trucks. Geely also owns London Taxis International which produces the TX4 taxi.
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