Geely posts ‘17% sales growth in August’
Published on September 15, 2010 by Tycho de Feijter
Zhejiang Geely Automobile Holdings had a lucrative month of August achieving a 10 percent year-on-year growth and 17 percent month-on-month growth in auto sales to 25,303 vehicles, reports 163.com, citing the company’s filing.
From January to August, Geely sold 242,721 vehicles, up 31 percent from a year earlier and completing 60.7 percent of its sales target (400,000 vehicles) for 2010. In order to finish the year living up to its promisse, the company will have to sell 157,279 vehicles in the next four months, a monthly average of 39,320 vehicles.