Sales at Geely Automobile Holdings, the largest domestic carmaker, edged up 0.9 percent in October to 130,180 after falling sharply six consecutive months.
The slight rebound in volume was achieved behind demand for vehicles marketed under the company’s mass-market Geely brand.
October deliveries at the Geely brand rose 2.1 percent to 116,142, led by the upgraded Boyue compact crossover that went on sale in September and the Binyue, a new compact crossover launched in October 2018.
Boyue sales rose 5.7 percent to 21,396 last month while Binyue deliveries totaled 12,571, according to Geely’s filings on the Hong Kong Stock Exchange, where the company is listed.
Sales at the premium Lynk & CO marque, which Geely Auto co-owns with Volvo Car Corp. remain weak, dropping 7.7 percent to 14,038 last month.
In the first ten months, Geely Auto sold 1,088,290 vehicles under the Geely and Lynk & CO brands, a decline of 14 percent from the same period last year.
Geely Auto and Volvo Cars are both subsidiaries of private Chinese company Zhejiang Geely Holding Group.
Lynk & CO’s product lineup – two compact crossovers and a compact sedan – share a platform with the Volvo XC40 compact crossover.
Last month, Geely Group announced a plan to merge the engine operations of Geely Auto and Volvo into a standalone unit to develop next-generation hybrid powertrains and internal combustion engines for group brands including Geely, Volvo and Lynk & CO.