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Geely Auto's sales up 0.7% in Q1

Apr. 11, 2012 (China Knowledge) - Geely Automobile Holdings Ltd<0175>, the listed unit of China's largest privately-owned carmaker Zhejiang Geely Holding, said yesterday that its auto sale for the first quarter of this year reached 118,400 vehicles, up 0.7% year on year.

At the first quarter of this year, Hong Kong-listed Geely Auto saw its sales of Geely Emgrand, Geely Englon and Geely Gleagle reach 12,622 units, 13,773 units and 14,905 units, respectively.

The automaker's annual sale target is 460,000 units this year.

In 2011, Geely saw its auto sales reached 421,600 units, up 1% from a year earlier, and its sales revenue increased 4% year on year to RMB 21 billion, source reported.

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