Geely Group 2018 World Market Review
- The Geely group (Geely, Volvo, Lotus, Lynk & Co, Polestar) has published its sales figures for 2018. Its worldwide sales amount to 2.14 million vehicles, an increase of 17.5% compared to 2017.
- The group, which remains China's leading manufacturer, maintains its thirteenth place in the world, behind BMW and Daimler, but is gradually moving closer to these two manufacturers. The Geely group's worldwide sales in 2018 can be broken down as follows:
1. China is its largest market, with 1.7 million vehicles (including 170,000 Volvo vehicles), or 79% of its global sales.
2. Europe is its second largest market, with 320,000 vehicles (only Volvo vehicles), or 15% of its worldwide sales.
3. The USA is its third largest market, with 100,000 vehicles (only Volvo vehicles), or 5% of its worldwide sales.
- These three markets account for 99% of the Geely Group's global sales in 2018, which include 1.38 million Geely vehicles, 642,000 Volvo vehicles, 120,000 Lynk & Co vehicles and 1,000 Lotus vehicles.
- The group's best-selling models in 2018 are the Geely Bo Yue (280,000 units), Geely Emgrand (247,000 units), Volvo XC60 (226,000 units), Geely Emgrand GS (158,000 units) and Geely Emgrand GL (149,000 units).
- The Lynk&Co brand, which was created in 2016 but started selling in 2017, is expected to be imported into Europe and the United States from 2020. The British brand Lotus was acquired from the Proton group in 2017.
Contact us: info@inovev.com