Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Chinese auto manufacturer Geely Automobile’s total vehicle sales in February 2021 stood at 77,221 units, up by 265pc from the same month in 2020, the company said in a statement.

The company said that it recorded growth in February sales despite fewer working days during the month due to the Chinese New Year holiday. Last year in February, COVID-19 was at its peak in China which had hampered all economic activity. 

Of total February sales, the company’s sales of sedans, sport utility vehicles (SUVs), and multi-purpose vehicles (MPVs) stood at 31,223 units, 45,473 units, and 525 units, respectively.

In February 2021, the total sales of LYNK & CO-branded vehicles rose more than fourfold to 11,825 units from the same month in the preceding year.

In the first two months of the year (Jan-Feb, 2021), the auto group’s vehicle sales grew by 76pc to 233,547 units as compared to the prior-year period, achieving more than 15pc of its 2021 annual sales target of 1.53mn units.

Of the total sales volume in the Jan-Feb period, new energy and electric vehicle (VEEVs) sales stood at 6,828 units.

In the Jan-Feb period, the company’s sales in the Chinese market rose by 69pc to  216,194 units from the prior-year period, while total exports increased  twofold to 17,353 units from the same period in 2020.


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