Geely Philippines ended 2022 on a high note with overall sales of 9,302 units. This represents a 52% increase from 2021 and marks a significant improvement for the brand. This also allowed Geely to have a 2.6% market share based on the official CAMPI sales report.
The Coolray remains the top-selling model in the Geely lineup with 4,370 units sold which accounts for a 36% increase year-on-year. This is then followed by the Okavango with 3,041 examples finding new owners which also increased by 19%. Geely introduced the Emgrand last year and sold a total of 1,458 units while the Azkarra sold a total of 433 which had improved by 35% compared to 2021. Overall, Geely has climbed to the top 6 ranking in the passenger vehicle segment with a market share of 3.8%
Based on the CAMPI report, the industry saw significant growth in SUVs and MPVs at around 65% and 58%, respectively.
“Geely’s overall sales performance in 2022 has definitely benefited from the popularity and increased demand for bigger vehicles last year wherein more buyers shifted to SUVs and MPVs. We are facing the new year with a greater outlook not only for Geely but also for the country’s whole car industry given the significant improvement in the overall industry sales in 2022,” said Sojitz G Auto Philippines (SGAP) Corporation president & CEO Yugo Kiyofuji.
The executive also shared that they are targeting to sell 5-digits this 2023 and they are focused on further expanding the brand's network in growth areas. More importantly, Kiyofuji mentioned that they are aiming to introduce more models in the country in the future.