Big Goals Fuel Shift At Geely Automobile
By Ellen Zhu
Word Count: 895 | Companies Featured in This Article: Brilliance China Automotive, BMW, General Motors, Volkswagen, Geely Automobile Holdings, Denway Motors
SHANGHAI -- To bet on China's booming auto market, investors can buy shares of a number of state-controlled car makers that produce vehicles in ventures with international companies -- including Brilliance China Automotive, the local partner of BMW, and Shanghai Automotive, which has tie-ups with General Motors and Volkswagen.
But there is another choice that may be worth a closer look: Geely Automobile Holdings, China's biggest private (read: not state controlled) auto maker.
Geely, which started making cars in 1999, has been going it alone until recently, focusing exclusively on building its own brand for the Chinese mass market. Shares