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Geely Auto's sales down 18% MoM in Jul

Aug. 13, 2012 (China Knowledge) - Geely Automobile Holdings Ltd<0175>, the listed unit of China's largest privately-owned carmaker Zhejiang Geely Holding, has said that its auto sale were 28,322 units in July this year, up 30% year on year but down 18% month on month.

The Hong Kong-listed company saw its sales of Geely Emgrand, Geely Englon and Geely Gleagle reach 9,581 units, 8,327 units and 10,414 units in July, respectively.
Last month, the company exported more than 10,000 vehicles.

In the first seven months of this year, the automaker's sales rose about 7% YoY to 250,712 units, accounting for about 55% its sales target of 460,000 units for 2012.

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