Geely Auto Posts Impressive 2.17 Million Sales in 2024 with 53% International Growth
Geely Auto Reports Record-Breaking Sales in 2024
Geely Auto, a prominent player in the automotive industry, has announced an impressive achievement for 2024, selling over 2.17 million units globally, marking a 32% increase compared to the previous year. The company's international segment soared, with 403,923 vehicles exported, showcasing a remarkable 53% growth from the last year. This growth is attributed to Geely's strategic expansion and commitment to delivering valuable vehicles to a diverse market.
Global Expansion and New Market Penetration
In 2024, Geely Auto significantly bolstered its global market presence, now reaching over 80 countries and regions. The company successfully penetrated more than ten new markets, enhancing its foothold in existing territories such as the Middle East, Eastern Europe, and Latin America. This strategic maneuver was underpinned by the launch of 16 new models across 40 countries, effectively catering to various customer needs while emphasizing value and performance.
Robust Regional Development
Geely Auto's retail and service network has seen substantial growth, now encompassing nearly 900 locations—a 69% increase since the end of 2023. This expansion included the establishment of two new manufacturing plants in Asia and Africa and the formation of four subsidiaries in Indonesia, Australia, the Philippines, and Chile. Such developments aim to improve local market access and enhance their customer service capabilities. To further streamline operations, Geely has established an advanced global supply chain with a central hub and five strategic sites worldwide.
Key Models Driving Growth
Among Geely's standout models, the Coolray has reached a notable milestone, exceeding one million units sold. It has become a top contender in the Chinese automotive market across six major territories. The Monjaro saw its exports rise by an astounding 150%, driven by its luxurious design and impressive performance. Furthermore, the Emgrand secured its position as a leading player in the A-segment sedan category, ranking in the top three across nine key markets. Another flagship model, the Geely EX5, has gained international attention, participating in major auto expos like Automechanika Frankfurt, Auto Expo Thailand, and IMXPO Hong Kong.
Innovative Customer Experience
As of 2024, Geely Auto's user base has surpassed 16 million, reflecting the company's dedication to product innovation, operational excellence, and brand building. The firm's
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