Geely Auto reported slower sales momentum in December, as the Chinese automaker posted a year-on-year increase but a sharp month-on-month decline, reflecting broader weakness in the domestic auto market toward year-end.
The company said it delivered 236,817 vehicles in December, up 13 percent from a year earlier but down 23.71 percent from November. The decline followed several months of strong growth, during which monthly sales had risen more than 35 percent year-on-year between February and October.
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For the full year 2025, Geely Auto delivered 3.02 million vehicles, meeting its annual target. The company attributed some of the late-year slowdown to the suspension of vehicle trade-in subsidies in several Chinese cities starting in mid-November, which weighed on consumer demand.
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Geely said it is targeting sales of 3.45 million vehicles in 2026, implying growth of about 14 percent. Of that total, the company expects 2.75 million units to come from the Geely brand, 300,000 from premium marque Zeekr, and 400,000 from Lynk & Co. The automaker also plans to sell 2.22 million new energy vehicles next year, up 32 percent from 2025.
In December, Geely sold 79,131 battery electric vehicles, up 2.82 percent year-on-year but down 22.88 percent from November. Plug-in hybrid deliveries reached 75,133 units, rising 119 percent year-on-year but falling 11.81 percent month-on-month.
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Among its sub-brands, Geely Galaxy recorded 100,694 deliveries in December, up 45 percent year-on-year but down 24.09 percent from November. The Zeekr brand delivered a record 33,751 vehicles, up 24.13 percent year-on-year and 17.02 percent month-on-month. Lynk & Co reported deliveries of 30,267 units, a 16.03 percent increase year-on-year but a 13.67 percent decline from November.
Geely’s overseas business also expanded, with exports reaching 40,310 units in December, up 64.35 percent year-on-year though slightly lower than the previous month. For the full year, exports totaled 418,904 vehicles, a 3.59 percent increase.
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The company said domestic sales in China reached 196,507 units in December, up 5.92 percent year-on-year but down 26.77 percent from November, reflecting continued volatility in the local market.