Sales gains at Geely Automobile Holdings, China’s largest domestic passenger vehicle maker, continue to accelerate after starting to rebound in April in the wake of the coronavirus outbreak.
Geely’s September deliveries rose 11 percent to 126,365, the Hong Kong-listed company said Thursday.
The sales growth continues to be driven by its new premium brand, Lynk & CO, as well as exports.
In September, demand for Lynk & CO’s lineup — four crossovers and one sedan — jumped 38 percent to 18,745.
Geely exports more than doubled to 8,068 during the month.
Because of a 44 percent plunge in first-quarter deliveries, at the height of the pandemic, Geely’s total sales through September dropped 9 percent from a year earlier to 875,472.
Given the strong recovery in recent months, Geely has maintained a goal of hiking annual sales by 3.5 percent to 1.41 million in 2020.
Because of China’s National Day holiday – Oct. 1-8 — most automakers operating in the country haven’t disclosed September sales yet.