Geely Auto August sales down 22% YoY

Beijing (Gasgoo)- Geely Auto sales in August saw a double-digit decrease from a year ago as the auto industry was stilling affected by COVID-19 in some cities and worldwide automotive chip shortage. Last month, the group's total sales (including the sales of LYNK & CO-branded vehicles) fell 22% year on year to 88,348 vehicles, and its year-to-date sales grew by 9% from a year ago to 817,860 vehicles, just completing 53.5% of its annual sales target (1.53 million). By markets, the group's domestic sales decreased 23% from a year ago to 82,123 in August while its monthly export sales were down 2% slightly to 6,225. In the first eight months, the group exported a total of 66,701 vehicles to overseas markets, representing a year-on-year surge of 119%.

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