Geely Automobile: A Chinese auto giant determined to move forward.
As a leading enterprise in China's automobile industry, Geely Automobile Holdings continues to write remarkable results. According to the latest data, in November, Geely's passenger car sales exceeded 200,000 units, a year-on-year increase of 38% and a month-on-month increase of 11%, hitting a record high for three consecutive months and a year-on-year and month-on-month growth for 10 consecutive months. Behind such magnificent achievements is the outstanding performance of the Geely Emgrand family.
The Geely Emgrand family currently owns three models, Emgrand, Emgrand S and Emgrand L HIP, with sales reaching 23,426 units in November, up 27% month-on-month and 11% year-on-year. It is particularly worth mentioning that since the Emgrand brand was first launched in 2009, the cumulative sales volume has exceeded 3.76 million units, setting a new record for the total sales of A-class sedans of Chinese brands.
Geely's rise did not happen overnight, the company was founded in 1997, and after years of hard work and development, it is now a leader in China's automotive industry. In the first three quarters of 2023, Geely Automobile Holdings***'s operating income reached 3,5441.7 billion yuan, an increase of 31 percent year-on-year16%。The total profit was 1072.8 billion yuan, a year-on-year increase of 3798%, and the net profit is as high as 701.1 billion yuan, a year-on-year increase of 89%。These impressive figures once again confirm Geely's competitiveness and continuous growth in the market.
Geely's success is not accidental. First of all, its unremitting innovation and R&D investment provides a solid foundation for the quality and performance of its products. **The advent of models such as Emgrand, Emgrand S and Emgrand L HIP reflects Geely Automobile's continuous breakthroughs and determination to pursue excellence in the field of technology. Secondly, strong marketing and brand building have also brought widespread recognition and consumer trust to Geely Automobile. The success of the Geely Emgrand family is not only the success of the product, but also the success of the brand.
In addition, Geely's continued development is also inseparable from the rapid rise of China's automotive market. As one of the largest automotive markets in the world, the Chinese market provides Geely with broad development opportunities. The company not only meets the needs of the domestic market, but also actively expands the international market, and has won the love of more international consumers through the globalization strategy.
In short, the success story of Geely Automobile Holdings*** is a model for China's automotive industry. Its continuous innovation, insistence on quality, and strengthening of the brand have made it a force to be reckoned with. With the continuous development of China's auto market, we believe that the future of Geely Automobile will be brighter, and we have reason to expect more impressive performance and innovation. In the new journey of China's automobile industry, Geely Automobile will continue to move forward and make greater contributions to the prosperity of China's automobile industry.