Chinese automaker Geely sees sales increase in June

Chinese automaker Geely Automobile Holdings Limited on Monday reported a sales increase in June.

The company sold 110,129 units last month, up about 21 percent year on year and up about 1 percent month on month. Of the total, 8,750 units were new energy vehicles.

In the first half of this year, the company sold a total of 530,446 units, down about 19 percent from the same period last year. The figure accounted for around 38 percent of the company’s full-year sales target.

As sales in the Chinese market showed signs of strong recovery in the second quarter of the year, the company said in a statement that it decided to maintain its annual sales target of 1.41 million units. – Xinhua

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