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Old 08-14-2007, 07:57 PM   #51
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even though we here all the crap about geely over and over and they cant even sell out of china, they seem to be growing good in china
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Old 01-16-2008, 02:38 AM   #52
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Default Geely to add five new cars a year

Geely to add five new cars a year
(China Daily/Agencies)
Updated: 2008-01-16 09:29


Geely Holdings Group Co, the Chinese maker of $5,000 compacts, will add five new models a year, including sedans, until 2010 because of faster-growing demand for larger cars in the world's second largest auto market.

The carmaker will also raise its annual production capacity in China to 1.7 million vehicles by 2015, Vice-President Zhao Fuquan said at the Detroit motor show yesterday. China's largest privately controlled carmaker can currently make 300,000 cars a year, according to its website.

Geely plans to add larger models and to boost sales overseas as Chinese drivers, enriched by stock market gains, shun compacts in favor of more expensive cars. The company's Hong Kong-listed unit missed its vehicle sales target in 2007 for at least the second year in a row.
The carmaker is planning to open plants in Europe and southern Africa, Zhao said at the North American International Automobile Show. He declined to provide more details. Earlier this week, the company said it will set up an assembly venture in Mexico to serve markets in the Americas, including the US.

Geely's new models this year will include a five-door hatchback KingKong compact and a 1.8-liter China Dragon sports car based on its Beauty Leopard model. It will also add a 1-liter compact named the Panda in the local market.

The company's Geely Automobile Holdings Ltd unit sold 186,000 vehicles last year, an increase of more than 20 percent, Geely Chairman Li Shufu said earlier this week. The unit cut its sales target to 190,000 in September. It aims to boost vehicle sales 18 percent this year to 220,000, Li added.

Geely expects to export 1.3 million vehicles a year by 2015 compared with about 30,000 last year. The company now operates factories in Russia, Ukraine and Indonesia, assembling vehicles from component kits.

The automaker and unidentified partners will make an initial investment of $500 million in the Mexican plant, which will eventually have a capacity of 300,000 vehicles a year.


http://news.xinhuanet.com/english/20...nt_7431773.htm


This is how Geely plans to hit their target sale this year. Last year, Geely and Chery did not really release any new models. I think that is the reason why they both miss their sale target.
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Old 01-16-2008, 02:41 AM   #53
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Default Geely Auto to unveil new safety technology

Geely Auto to unveil new safety technology
(Agencies)
Updated: 2008-01-08 16:02


Geely Holding Group (Geely Auto), the parent of Hong Kong-listed Geely Automobile Holdings Ltd, said it plans to announce new safety technology at the North American International Auto Show in Detroit later this month.

China's largest privately-owned automaker said in a statement that the technology fills a current gap in safety technology by helping vehicles avoid high-speed accidents.

"While current auto safety technologies focus on passive protection for vehicles driven at normal speeds, prevention and control of unexpected accidents for automobiles running at high speeds is still a difficult problem for the industry." said Geely Auto.

It added that the China-patented technology has been tested by the Ministry of Public Security, which is in charge of the country's car safety testing program and regulates road traffic.

"It's a revolution in terms of auto safety." Geely Auto said.

Geely Auto, which also exhibited at the 2006 Detroit show with the intent of expanding into the US market, announced last month an export target of 50, 000 cars in 2008, compared with a target of 40,000 units in 2007.

http://www.chinadaily.com.cn/bizchin...nt_6379229.htm


Anyone knows what kind of technology they talk about ? Is it really " new " or is it just new to Geely ?
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Old 01-16-2008, 08:48 PM   #54
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Is it electronic stability control? The hints as to what it is are kind of vague.
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Old 01-17-2008, 05:54 PM   #55
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Geely aims to impress with technology

January 17, 2008

Geely, China's largest independent automaker, isn't ready to sell cars in the US yet, but has a major presence at the 2008 Detroit auto show to demonstrate that its technology is innovative and original.

The company showed Chinese-market sedans, hatchbacks and coupés, as well as a version of the LTI TX4 London taxi, which Geely builds under license in China.

But most of these cars are unlikely to be sold in the US or Europe; only the FC small sedan, 100 percent developed in-house, could be adapted for exports to developed markets.

Instead Geely is focusing on its technical capabilities at Detroit
The company has developed an electronic tyre blowout safety system called BBMS
.
Chairman Li Shufu spoke at length about an electronic tyre blowout safety system the company has developed called BBMS, describing it rather grandly as "our gift to mankind".

He said: "People do not believe that Chinese brands are doing innovative work. We want to show that we are."

Vice-president Frank Zhao said the company was building new assembly plants in China to give it an annual capacity of 1.7-million units by 2015 in nine facilities.

He said the company would pursue "a very aggressive overseas manufacturing plan", based on six planned assembly plants around the world, including one in Europe and one in Mexico, which was already under construction.

He said Geely would launch 15 new models in the next five years, with engines including its own, EU-compliant, two-litre diesels
The key is to switch from 'made in China' to 'developed in China'
.

The pace was rapid, he said: "Chinese brands have achieved in the past five years what it took Japanese and Korean brands 20 years to do."

The key was to switch from "made in China" to "developed in China", he added.

Asked when Geely would start operations in the US, Li Shufu’s response was enigmatic: That's a tough question; we will do it when you welcome us here."


http://www.motoring.co.za/index.php?...icleId=4209106
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Old 01-17-2008, 05:55 PM   #56
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Quote:
Originally Posted by Rally Red Lancer GTS
Is it electronic stability control? The hints as to what it is are kind of vague.

Well according to that article, it is an electronic tyre blowout safety system, anyone familiar with that ?
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Old 01-17-2008, 10:13 PM   #57
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Sounds like Ford could've used that on their Exploder models, eh?
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Old 01-17-2008, 11:16 PM   #58
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Quote:
Chairman Li Shufu spoke at length about an electronic tyre blowout safety system the company has developed called BBMS, describing it rather grandly as "our gift to mankind"..........

Asked when Geely would start operations in the US, Li Shufu’s response was enigmatic: That's a tough question; we will do it when you welcome us here."
Grandstanding about gimmicks like this will not make Geely welcome in the U.S..
But what will make it welcome is a determined and steady effort to improve on the current very poor quality of the product.




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Old 02-29-2008, 09:33 AM   #59
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Geely Automobile Sales Rose 15% in Jan 08
Thursday, February 21, 2008; Posted: 05:33 AM


Geely Automobile Holdings Ltd. (SEHK: 0175), a leading Chinese homegrown carmaker, has reported that its four 46.8% controlled subsidiaries sold 22,753 cars in January 2008, up 15% from a year ago and 16.5% over December 2007.

The sales were a record monthly figure of the Zhejiang-based company and were more than the anticipation of the company.

The four subsidiaries, namely Zhejiang Geely Automobile Co., Ltd., Shanghai Maple Guorun Automobile Co., Ltd., Zhejiang Kingkong Automobile Co., Ltd. and Zhejiang Ruhoo Automobile Co., Ltd., sold 16,806 Free Cruisers, Kingkongs and Visions on the sedan market. The 2008 versions of three sedan models contributed most to the listed company's overall sales growth.

The sales of Kingkong and Vision hit over 5,200 cars and 3,300 cars in the first month of this year respectively, representing 38% of the company's total sales volume.

The four subsidiaries plan to sell 230,000 cars this year with a yearly 27% increase.

http://www.tradingmarkets.com/.site/...0News/1119572/
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Old 04-02-2008, 12:05 PM   #60
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Geely Megathon Continues - from China Car Times.

Quote:
The Geely megathon that has been running on China Car Times seems to be showing zero effects of slowing down, news has leaked onto the internet that Geely is planning a whole plethora of cars, 18 new cars in total that will be broken down as follows:

* FIVE, thats 5 new platforms! These can be broken down into - super economy cars, economy cars, compact sedans, high performance cars and an SUV

* Geely SUV - this is the secret SUV that Geely have us all guessing about - pictures have floated onto the internet before, but we (and others) believe them to be doctored Nissan X-Trails. The biggest thing we’ve heard about this SUV so far, is that it will be Honda CRV sized, and will also be using a hybrid drive train! A hybrid SUV would be a first from Chinese makers, who have so far made hybrid MPVs and sedans. A hybrid SUV would be perfect for those who like the size and sense of security that an SUV brings, but prefer the fuel economy of a regular sized sedan.

* Beijing Auto Show - Geely are set to show off the King Kong hatchback, as well as 12 other new cars. Excited? You betcha! We want to know what Geely have been cooking up over the past year, apparently we will also see the second generation Geely Coupe. Hopefully it will be this one, and not this one.
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