19 January 2021 12:48 pm / 25 comments
Zhejiang Geely Holding Group (ZGH) has announced that its total group sales exceeded 2.1 million units in 2020. Under the holding group are three subsidiary units – Geely Auto Group, Volvo Car Group and Geely New Energy Commercial Vehicle Group – and eight brands.
Over 2.1 million is a good result for the Geely group as 2020 was a year dominated by the global coronavirus pandemic and many parts of the world had work stoppage to control the spread of Covid-19, including its home market of China.
Geely says that its brands performed resiliently amid the volatility of 2020 and “in the second half of the year, our brands saw a strong return to growth compared to the same period in the previous year”. ZGH did not share the exact 2020 sales figure beyond “exceeded 2.1m”, so perhaps the final tally was just shy of the 2019 total of 2.178 million units. Still a strong result with context.
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