Tag: sales targets

Geely Auto Hits Sales Target, Sets Ambitious Goals for 2026
News

Geely Auto Hits Sales Target, Sets Ambitious Goals for 2026

As the year comes to a close, Geely Auto is celebrating its achievement of selling over three million vehicles in 2025. Despite facing challenges towards the end of December, they managed to reach their goal and set an impressive target for next year.Key TakeawaysSales hit 3,024,567 vehicles in 2025, achieving the company's three-million-unit aimGrowth slowed down to a mere 13% year-on-year increase for December compared to previous months' highs of over 35%Targeting an ambitious sales volume of 3.45 million units in 2026, including significant contributions from the Zeekr brandThe company's success story starts with a strong performance throughout most of 2025. However, they faced some hurdles towards December when cities across China stopped offering vehicle purchase trade-in subsidies m...
Kia Pauses Tasman SUV Plans Until Ute Success
EV & Electric Cars, News, SUV & Crossovers

Kia Pauses Tasman SUV Plans Until Ute Success

Kia has put plans for a five-door Tasman SUV on hold, prioritizing the success of its current pickup-style ute. The company won't develop an SUV version until it meets sales targets both locally and overseas.Key TakeawaysKia will focus on making the Tasman Ute a hit before moving to an SUV variantThe ute's current sales volume is less than half of what Kia predicted, delaying plans for expansion into new models.No firm timeline exists yet for when an SUV version might come out.Kia Australia’s general manager of product planning, Roland Rivero, told Drive that any development on a Tasman SUV depends heavily on the success of its ute. The company aims to hit sales targets but is currently falling short with less than half of expected numbers in Australia alone.Despite interest from both Kia ...
Xiaomi Boosts 2025 EV Sales Target to 400,000 Units
EV & Electric Cars, Industry & Business, News

Xiaomi Boosts 2025 EV Sales Target to 400,000 Units

Xiaomi, a rapidly growing automaker in China, has raised its battery electric vehicle (BEV) sales target for the year 2025 from an initial estimate of 350,000 units to a new goal of 400,000 vehicles. The company is celebrating the production milestone of its 500,000th BEV unit just one year after launching vehicle manufacturing at its Beijing facility.The revised sales target reflects an impressive threefold increase over Xiaomi's delivery volume of 135,000 cars in 2024. This growth is largely attributed to the strong performance of the company’s SU7 sedan and YU7 SUV models. Despite this ambitious expansion plan, Xiaomi remains committed to prioritizing safety and quality as it ramps up production.Xiaomi's success has positioned it as a formidable competitor in China's EV market alongside...