Geely. In the 2017 is the fastest growing brand in the World

geely

Geely is the fastest growing brand at global level this year the already outstanding performance scored in the previous 7 years. Year to date August sales skyrocket 76.8% thanks to domestic market success of the renovated line up. International sales are falling all over.

Following the almost positive performance reported in the period 2010-2016, during the first eight months of the 2017 Geely is really booming, scoring the best global performance in absolute as single brand with global sales grew at 719.000 units, +76.8%.

The success is totally generated in China with sales booming thanks to the success of the totally renovated line up. Outside the domestic country sales are struggling losing in all regions, but Levant.

At model wise, the best model was the new Boyoue with 167.000 sales (-5.3%) followed by the EC7 with 156.000 (+13.0%) and the Vision with 91.615 (+8.5%).

Global Automotive Database

Based on the over 750 millions vehicles sales downloaded within of GAD (Global Auto Database) collected and aggregated by hundreds selected sources covering over 140 vehicles markets worldwide, our “Brand Performance Reports” refer to registrations data.

Geely Global Performance Report

In the period 2010-2016 Geely has scored a positive while not remarkable performance at global sales, growing from 469.000 sales in the 2010 to 797.000 in the 2016, performing a Compound annual growth rate (C.A.G.R) of 8.3%, while the industry CAGR in the period was +4.6%.

In this period, Geely has gained 6  steps within the Global Car Brands Ranking landing in the 29th place.

Sales split at regional level confirmed in the 2016 the supremacy of the Asia region counting the 98.3% of total sales (it was 94.5% in the 2010).

Sales in Europe count 0.6% (from 3.9%),  while the American sales represent the 0.3% (from 1.0%).

In our report we figure out this brand’s sales data in 41 different countries, with forecast up to the 2022.

On top of all, in the 2016 there was China with 97.1% of global sales share (from 97.7% in the 2010), ahead of Saudi Arabia with 0.6% (from 0%), Russia with 0.6% (from 0.4%), Egypt with 0.4% and Oman with 0.2%.

Please click on the product figure to see the Contents details.

Rank 2017 Regional sales Q1 Q2 Jul 17 Aug 17 YTD Aug 17 Var YTD 2017
1 Asia 278.896 252.417 88.473 91.087 710.873 81,8%
8 Levant 145 43 2 190 16,6%
6 Asean 254 244 90 119 707 -29,6%
5 LatAm 476 422 162 150 1.210 -35,6%
7 Africa 135 121 57 54 366 -38,4%
2 GCC 1.296 961 458 418 3.133 -40,9%
4 Africa North 312 440 327 201 1.279 -49,9%
3 CIS 698 788 263 256 2.005 -55,5%
9 UE 14 6 3 1 24 -73,2%
10 Pacific #DIV/0!
10 Europe East #DIV/0!
Total 282.227 255.442 89.833 92.285 719.787 76,8%

Ran 2017 Rank 2016 Models Sales 2017 Sales Aug Var 2017 Var Aug
1 3 Geely Boyue 167.619 21.315 324,7% 110,4%
2 1 Geely EC7 156.648 20.990 13,0% 42,8%
3 2 Geely Vision 91.615 11.025 8,5% 33,1%
4 5 Geely Emgrand GS 84.077 12.953 288,0% 71,8%
5 7 Geely Vision SUV 77.427 10.015 997,5% 18109,1%
6 8 Geely Emgrand GL 70.206 10.923
7 4 Geely King Kong 29.176 911 -28,4% -56,7%
8 6 Geely GC9 26.084 3.056 -17,9% -14,4%
9 10 Kandi EV (Geely) 4.968 -36,3%
10 48 Geely Yuanjing X1 1.947

(935)

In the spotlight

Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018