Geely Automobile Holdings (HK:0175) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Geely Automobile Holdings reported a robust 28% year-on-year increase in vehicle sales for October 2024, with total sales reaching 226,686 units. The company’s electric vehicle segment showed significant growth, with battery electric vehicles and plug-in hybrids experiencing 132% and 17% increases, respectively. Despite a slight decline in sales for its Proton brand, Geely’s overall performance suggests strong market demand and a promising outlook for investors.
For further insights into HK:0175 stock, check out TipRanks’ Stock Analysis page.
