The Geely group sold 2.08 million vehicles worldwide in 2019
- The Geely group (Geely, Volvo, Lotus, Lynk & Co, Polestar) sold 2.08 million vehicles in 2019, which represents a decrease of 2.8% compared to 2018, mainly due to a drop in sales by close by 10% in its first market, China.
- The group, which remains the leading independent Chinese manufacturer, retains its thirteenth place in the world, behind BMW and Daimler. He sealed an agreement with Daimler in which he owns almost 10% of the capital: it is the creation of a joint venture based in China and owned 50/50 between Daimler and Geely for the development and exploitation of the Smart brand as an electric vehicle manufacturer on a global scale. Geely group's global sales in 2019 break down as follows:
1. China is therefore its first market, with 1.5 million vehicles, or 72% of its world sales (compared to 72% in 2018).
2. Europe is its second market, with 345,000 vehicles (Volvo only), or 17% of its global sales (compared to 15% in 2018).
3. The USA is its third market, with 108,000 vehicles (Volvo only), or 5% of its world sales.
- These three markets represent 94% of the Geely group's global sales in 2019, which is divided into 1.385 million Geely brand vehicles (-115,000 compared to 2018) and 692,000 Volvo brand vehicles (+50,000).
- The best-selling models of the Geely group in 2019 are the GeelyEmgrand (412,000 units), GeelyBoyue (240,000 units), Geely Vision (208,000 units) and Volvo XC60 (212,000 units).
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