Geely Auto Achieves Record International Sales In 2024's First Half

Geely Auto Group has reported its sales data for the first half of 2024, revealing a total of 955,730 vehicles sold. This marks a 41% increase compared to the same period last year. Overseas markets showed remarkable performance, with Geely International sales reaching 197,428 vehicles, reflecting a significant year-on-year growth of over 67%. This growth rate is a new historical high for the company.

Overseas Growth a Key Pillar

The substantial expansion in Geely's overseas business highlights the company's dedication to its globalisation strategy. Geely continues to focus on "high-value global expansion," systematically improving its global presence through advancements in product development, service quality, channel expansion, and supply chain optimisation.

With the acceleration of Geely's global expansion and enhancement of its international influence, the company has achieved high-quality market share in multiple countries. As of 31 May 2024, Geely ranked among the top three Chinese brand vehicle sales in 14 countries, including the UAE, Saudi Arabia, Qatar, and the Philippines.

Coolray SUV's Global Success

The Coolray SUV has set new standards for "hot hatch" models domestically and become a top choice for B-segment SUVs internationally. In the first half of 2024, Coolray ranked among the top three Chinese brands in terms of sales in its segments in seven countries: UAE, Saudi Arabia, Kazakhstan, Kuwait, Qatar and Panama.

Geely's flagship model Monjaro also set a new record for overseas sales in the first half of 2024. Monjaro ranked among the top three Chinese automotive brands in five countries: UAE, Saudi Arabia and Qatar.

Middle East Market Performance

Commenting on Geely's impressive global sales figures, Yikang Ding (Lucas), Regional Sales Manager at GEELY Auto Middle East said: "We are thrilled to witness this unprecedented growth of the Geely brand worldwide. These impressive figures make it clear that Geely Auto's high-value proposition is rapidly gaining global recognition."

Dr. Andreas Schaaf, CEO - Geely Group Brands at AGMC added: "We are proud to have played our own part in this incredible success story since recommencing sales of Geely vehicles in the United Arab Emirates. Combining exceptional quality with impressive performance and advanced technologies at a compelling price point offers incredible value to our customers."

Future Prospects

The year 2024 is pivotal for Geely's development in global markets. The annual export target has increased from 330,000 to 380,000 units. Looking ahead, Geely Auto International will further focus on market segmentation, product innovation and brand rejuvenation to ensure sustainable high-quality growth globally.

Geely Global will continue deepening its globalisation strategy by providing more diversified products and high-quality services to all consumers. The company aims to enhance its global supply chains to support this growth.

The significant achievements underscore Geely's commitment to expanding its international footprint while maintaining high standards across all markets.