Geely Philippines is proud to announce that it achieved its all-time high monthly sales figures last July with 1,058 units sold.
The new milestone surpassed the previous sales record of 1,036 units registered earlier in March. It is also a 32 percent growth over last month when Geely Philippines’ sold 804 units. For seven months this year, the company sold a total of 5,360 units, an 83 percent improvement over the same period last year.
Leading the July 2022 sales charge was the Geely Coolray which sold 540 units. It is a subcompact crossover that consistently tops the company’s sales rankings since the Chinese marque’s arrival in the country last 2019. A new and sportier variant of the Coolray with the SE badge also led more customers to get excited over the model.
The Geely Coolray was followed by the Okavango which contributed 396 units sold. Taking the third spot was the Emgrand with 91 units sold, while the Azkarra sold 31 units. Geely Philippines said that supply constraints caused the relatively low sales of the Emgrand. Regardless, the company is proud of its new all-time high monthly sales figures.
“We are very honored to join the 4 digits club (more than 1,000-unit monthly sales) that we consider as a clear testament of the customers’ trust in the Geely brand,” said Sojitz G Auto Philippines (SGAP) President and CEO Yugo Kiyofuji.
But aside from supply constraints, Geely Philippines could face more sales challenges with the recent price increase implemented last month. The price of the Emgrand Comfort went from Php 798,000 to Php 945,000, while the Emgrand Premium is now offered at Php 999,000 (from Php 908,000).
The new price of the Geely Okavango ranges from Php 1,349,000 to Php 1,725,000, which shows a significant jump in terms of the old pricing. As such, the Okavango’s price increase could somehow affect its sales performance.
On the other hand, the Azkarra now starts at Php 1,750,000. It would be interesting to see how Geely Philippines can keep up the pace after a successful month in July now that it is carrying the price increase moving forward.
Read the latest car sales reports at Philkotse.com.