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Old 03-30-2006, 07:09 PM   #11
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I cant find any pics of the car...
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Old 03-31-2006, 02:03 AM   #12
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Default Geely sales in 2005

Geely sold 135,000 cars in 2005 and is on pace to sell 200,000 cars this year. Which model was their best selling model.

How many 2 door coupes did they sell

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Old 04-09-2006, 04:22 PM   #13
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Default China's Geely Sales Up 36.2% in March 06

Chinese car maker Geely Automobile Holdings Ltd. said on Friday March sales jumped 36.2 percent from the same month last year. Geely said in a statement that its two associates sold a total of 16,788 vehicles in March.
For the first quarter, the two associates sold 48,438 units, a 66.9 percent increase from a year earlier.
Geely said in a statement the March sales figure "suggests that the group is well on track to achieve its full year sales volume target."
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Old 04-09-2006, 07:21 PM   #14
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How many did Chery sell in March?
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Old 04-11-2006, 01:05 PM   #15
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Arrow Geely to introduce mid- to high-end products

Geely will launch two mid-sized sedans in 2006, to enter the mid and high-end segments. Geely has independently developed its 1.8L engines, to be powered the two new models, both the FC-1 and the LG-1. The LG-1 will be introduced to the China market in the first half of 2006 and the FC-1 later.
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Old 04-11-2006, 10:57 PM   #16
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Any pictures of their cars and engines. What kind of engines did they use on their previous cars like the Geely Meerie the mercedes benz lookalike.
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Old 07-30-2006, 03:03 PM   #17
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Default Geely to pump cash into JVs

GEELY Automobile Holdings Ltd agreed to increase the registered capital of its two joint ventures in China to fund production expansion and the development of a mid- to high-end sedan.

Hong Kong-listed Geely said it plans to increase the registered capital of Zhejiang Geely Automobile Co Ltd from US$82 million to US$176.2 million. Shanghai Maple Automobile Co Ltd's registered capital will jump to US$99.7 million from US$51.7 million, according to its statement to the Hong Kong Stock Exchange yesterday.

Geely's wholly-owned unit Centurion Industries Ltd and Zhejiang Geely Merrie Automobile Co Ltd will inject US$43.7 million and US$49.71 million respectively into Zhejiang Geely with share holdings unchanged.

Zhejiang Geely, China's largest private auotmaker, said it would use 1.1 billion yuan (US$137 million) to help production expansion and purchase components. Another 68 million yuan will used to develop more mid-class sedans.

Geely said it is optimistic about market demand for fuel efficient mid- to high-class sedans in the next 10 years in China, which prompted the move to increase production capacity and lower operation costs.

Its registered capital is expected to increase to US$231.01 million in August to fund research and development activities and the purchase of new machinery, according to David Cheung, secretary of Geely.

Meanwhile, another wholly-owned Geely unit, Value Century Group Ltd, also agreed to contribute US$22.5 million to Shanghai Maple Automobile Co Ltd.

Shanghai Maple plans to spend 184 million yuan to boost its annual capacity to 300,000 units after building its second manufacturing plant.
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Old 08-08-2006, 03:22 PM   #18
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Post Geely Auto rolls a pioneering engine off its assembly line

Jin Jing
GEELY Automobile Co Ltd began mass production yesterday of the country's first domestically developed engine using high-power valve technology, a key step on the road toward a fully Chinese-made auto.

Geely, which specializes in producing small vehicles and is China's leading private carmaker, has invested more than 100 million yuan (US$12.5 million) to develop the new engine. It is the first domestic automaker to apply the highly advanced CVVT - continuously variable valve timing - technology, the company said.

The 1.8-liter aluminum engine, which meets Euro 3 emission standard, will be able to produce a 140 horsepower, equaling Toyota's new CVVT engine, according to Geely.

Geely's Ningbo plant in Zhejiang Province will be in charge of engine production and is expected to turn out 50,000 units a year.

Zhejiang-based Geely said it has no immediate plans for exports.

The advanced engine will be used to power Geely's upcoming FC-1 sedan as well as its Formula One cars, helping it to break into the mid- to high-end car segments.

"The advance self-developed engine could clear the way for Geely to offer more price-competitive models and save a lot on costs," said Zhang Xin, an analyst at Guotai Jun'an Securities Co Ltd.

Chinese carmakers, which must spend heavily to buy engines from foreign rivals, have traditionally lagged in making core auto components.

The lack of ability in this area has been the main hurdle for Chinese car producers to develop autos using their own technology, which is a target as outlined in the central governments latest five-year plan.

An increasing number of Chinese automakers, including Brilliance China Automotive Holding Ltd and Chery Automobile Co Ltd, have stepped up efforts to make their own engines - and their own cars.

Brilliance China, the domestic partner of BMW, used part of its HK$1.5 billion (US$193 million) bond sale to produce its own 1.8-liter turbocharged engine, which generates 10 percent more power and consumes less fuel than current engines. And Chery Automobile Corp teamed up with an Austrian engine design company to jointly develop 18 aluminum gasoline and diesel engines.
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Old 08-08-2006, 04:57 PM   #19
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great , finaly some news from geely , Altho I think Chery is the only company worth respect out there .
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Old 08-09-2006, 04:20 PM   #20
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Best news for Chinese car industry.

Pictures of this engine

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