Geely. 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 September sales jumped 75.0% 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 nine months of the 2017 Geely is really booming, scoring the best global performance in absolute as single brand with global sales grew at 848.000 units, +75.0%.

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 193.000 sales (+263%) followed by the EC7 with 181.000 (+12.0%) and the Vision with 102.000 (+7.6%).

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%.

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Rank 2017 Rank 2016 Regional Sales Sales Q1 ’17 Sales Q2 ’17 Sales Q3 ’17 Sales YTD 2017 Variation 2017
8 8 Levant 145 69 109 323 80,4%
1 1 Asia 278.896 255.432 304.918 839.246 79,4%
4 5 LatAm 575 559 564 1.698 -16,9%
6 6 Asean 266 261 178 705 -36,7%
7 7 Africa 135 121 121 376 -41,8%
2 2 GCC 1.271 901 1.034 3.206 -44,3%
3 3 CIS 607 838 781 2.226 -53,7%
5 4 Africa North 323 282 379 984 -63,2%
9 9 UE 14 5 17 36 -64,2%
Total 282.233 258.468 308.100 848.801 75,0%

Rank 2017 Rank 2016   Sales Q1 Sales Q2 Sales Q3 Sales YTD Sep Variation YTD 17
1 3 Geely Boyue 60.745 63.687 69.504 193.936 262,3%
2 1 Geely Emgrand EC7 68.072 49.631 63.634 181.337 12,0%
3 2 Geely Vision 39.962 29.765 33.080 102.807 7,6%
4 5 Geely Emgrand GS 26.688 31.573 39.823 98.084 224,9%
5 7 Geely Vision SUV 29.995 28.295 29.238 87.528 411,5%
6 8 Geely Emgrand GL 26.382 24.505 31.410 82.297 2763,5%
7 4 Geely King Kong 14.093 10.386 6.227 30.706 -31,0%
8 6 Geely GC9 10.397 9.614 9.901 29.912 -17,5%
9 9 Geely Emgrand 7 EV 1.903 6.079 8.296 16.278 276,8%
10 48 Geely Vision X1 10.724 10.724

(2330)

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