HONG KONG (Yosefardi) – Geely Automobile Holdings Limited sales volume for the month of April 2014 totaled 35,646 units, a decrease of approximately 20% over the same period last year, but was up approximately 3% from March 2014.
The Group is in the midst of a major product upgrading cycle and ongoing reshuffle of the sales and marketing system and this affects the Group’s sales performance in the early part of the year.
Despite this, the year-on-year decline of the total monthly sales volume of the Group has been diminishing since the beginning of 2014, reflecting trend of gradual recovery of sales volume.
The Group’s exports volume was 9,048 units in April 2014, down around 15% from the same period last year.
During the month of April 2014, the Group’s total sales volume in China market was 26,598 units, a decrease of around 28% from the same period last year.
The total sales volume in the first four months of 2014 was 125,253 units, down about 33% from the same period last year and achieving 22% of the full year sales volume target of 580,000 units in 2014.