China’s Geely Auto Sales Up 5.5% in May image

Geely Automobile reported sales in May up 5.5% from the same period last year, to 32,817 units.

From January to May sales were up 2.3% to 187,895 vehicles or 40.8% of its full-year target of 460,000 cars. The company declared that in April sales of its Emgrand, Englon and GLEagle reached 10,268 units, 11,555 units and 10,994 units, respectively.

Exports in May reached a record high of 94.1%, up around 7% from April 2012. From January to May exports volume was very strong and reached around 180.9% over the same period last year.

In March sales were up 0.7%, to 118,496 vehicles, achieving 25.8% of its full-year sales target of 460,000 cars. Sales of its Emgrand, Englon and GLEagle hit 12,622, 13,773 and 14,905 cars, respectively.

Geely plans to become China’s largest auto exporter in the following two years and it also aims at opening plants in Belarus and Uruguay this year.

“I am confident we will be able to become the largest Chinese exporter among the domestic brands in two years,” said Gui Shengyue, chief executive officer of Geely.