Sales of Geely vehicles in the country reached an all-time high in July with 1,058 units sold that surpassed its previous highest monthly sales record of 1,036 units last March.
Sojitz G Auto Philippines (SGAP), the distributor of Geely vehicles, reported that its July sales represent a 32% growth over previous month sales of 804 units.
The Coolray model accounted for the bulk of the July sales with 540 units that represented a 92% increase compared to the previous month, followed by 396 units of Okavango (up 59% vs Jun`22). Meantime, the sales of Emgrand and Azkarra were limited to 91 and 31 units for the month respectively, due to supply constraints.
For seven months in 2022, Geely sold a total of 5,360 units, representing an 83% growth year-on-year and surpassing total industry growth of 15% to a huge extent. Geely now ranks eighth in total industry sales with 2.8% market share vs. 1.8%, same period last year.
“We are very honored to join the four digits club (more than 1,000-unit monthly sales) that we consider as a clear testament of the customers` trust in the Geely brand. Coolray remains to be the best-selling model in the roster of Geely vehicles. The recent introduction of the Coolray Special Edition (SE), with its sportier and distinct look, has led to more customers admiring and getting excited over it,” SGAP President & CEO Yugo Kiyofuji said.
SGAP is also optimistic that it can further capitalize on the Geely Emgrand to further boost its sales volume in the coming months given its good market acceptance in the subcompact sedan segment and ample stock supply. From its launch last February, the Emgrand catapulted to top 4 ranking in this subcompact sedan segment with total sales of 895 units end of July.
“With better supply starting this month complemented with aggressive and really affordable financial plans from our bank partner RCBC, we expect Emgrand to further challenge the top 3 spot in the subcompact sedan segment,” Kiyofuji added.
