HONG KONG (Yosefardi) – Geely Automobile Holdings Limited sold 27,676 units of cars for the month of August 2014, a decrease of approximately 22% over the same period last year, but was up approximately 38% from July 2014.
The Group’s exports volume was 4,452 units in August 2014, down around 52% from the same period last year, due to deteriorating political environment in the Group’s major export countries like Russia, Ukraine and the Middle East.
During the month of August 2014, the Group’s total sales volume in China market was 23,224 units, a decrease of around 11% from the same period last year.
The total sales volume in the first eight months of 2014 was 235,096 units, down about 29% from the same period last year and achieving 55% of our recently revised full year sales volume target of 430,000 units in 2014.