Geely's Dec sales up 24% year-on-year

Zhejiang Geely Holding Group, the largest private automaker in China, achieved a new sales record in December with 59,564 cars sold, up 24 percent year-on-year.

According to a statement released on Thursday, the company's sales in 2012 increased about 15 percent year-on-year to 483,483 cars.

Export sales reached 100,300 vehicles in 2012, a jump of 164 percent year-on-year, and representing about 20 percent of its full-year sales.

The company said it plans to increase sales 16 percent to 560,000 cars in 2013, which will surpass last year's growth rate of 15 percent.