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Old 08-09-2006, 04:42 PM   #21
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Wow, Geely is really making some progress. I hope other Chinese companies can follow their lead and develop their own advanced engines, and reduce reliance on foreign suppliers for advanced components of their cars.
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Old 08-10-2006, 01:44 AM   #22
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I want to buy the FC 1 with the new CVVT engine. What engine did the FC1 use before. Is the new engine going into the 07 FC1 and will it cost more than the old engine.
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Old 08-10-2006, 03:39 AM   #23
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I hope this move by geely, motivates chery and other chinese car manufacturers
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Old 08-10-2006, 09:22 AM   #24
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Default Geely-Maple powertrain technology

Quote:
Originally Posted by hazik
... What engine did the FC1 use before......
Hazik I'm curious too about the FC1 engine and other engines used by Geely and Maple. So much has been said about Chery and Lifan's engine development but not others like Geely. This seems like a big leap for them.

As far as I know early on Geely purchased engines from the Daihatsu-Tianjin joint venture, ie Toyota made. Then it began making the same engines on it's own, apparently clashing in court with Toyota, and finally getting a license to produce them. I believe most were the 8A-FE a small 4 cylinder.

Maybe someone else can shed some light on this....

Actually engines are easy, it's the automatic transmissions that are tough to produce independently



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Old 08-10-2006, 06:37 PM   #25
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Good news but how reliable would this engine be in the longterm since it wasn't designed by an outside engineering firm? Chery and Brilliance had experienced engineering firms design their engines so I don't know about this. I don't mean this as a putdown but its just I don't believe that Geely would have the proper experience and knowhow to do this correctly.

Last edited by AXLE; 08-10-2006 at 06:41 PM.
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Old 09-01-2006, 04:49 PM   #26
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Post Geely to up capacity to 400,000 units by end-2007

Sep. 1, 2006 (China Knowledge) - Geely Automobile Holdings Ltd., a unit of the mainland's biggest privately- owned automaker, intends to increase its total capacity by 15% to 400,000 units by the end of 2007.

Geely Executive Director Lawrence Ang Siu-lun told a media briefing Thursday that the boost in production capacity will follow the completion of new production plants.

Ang believes that overall productions cost will also be reduced by as much as 10% when the production capacity peaks.

The Zhejiang-based company sold 8,347 vehicles in July - the weakest month this year - representing a 40% decline from June. July was the first month this year in which sales dipped below 10,000 units.

Ang was quoted in Hong Kong newspaper The Standard as saying: “I expect that the operating environment in China will remain tough in the next three months.” He also said that China's car industry has “hit a trough in the cycle".

Overinvestment in the fast-growing Chinese economy has resulted in Mainland automakers seeing lower profit growth. Therefore, the automakers are venturing overseas.

Geely is among a number of Chinese automakers like Chery and Great Wall that are exporting cars overseas. According to the Automobile Branch of the China Chamber of Commerce, China exported 34,506 sedans in the first half of 2006, up by 259.5% from the same period last year.

Geely has also indicated interest in new export markets such as the Middle East in order to boost revenues. The company exported 7,000 vehicles in 2005, mainly to Southeast Asia, and is aiming for 10,000 units this year.
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Old 09-14-2006, 12:59 AM   #27
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Thumbs up Geely sales up

The mainland's largest private auto maker Geely saw sales of its two joint ventures rise by 19.8 % year-on-year to 12,333 units in August.

"The sales beat management's estimate, because we previously thought August was a traditionally off-season for auto sales," said a spokesman yesterday.

From January to August, sales surged 48.4 % to 112,600 units, realizing 62.6 % of Geely's full-year target of 180,000.

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Old 09-14-2006, 01:34 AM   #28
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Default way to go geely

wow 48% increase is a lot
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Old 09-14-2006, 02:04 AM   #29
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Do you have a link for this? Thanks
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Old 09-25-2006, 11:11 PM   #30
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Post Geely Auto posts gains after selling pricier cars

Geely Auto posts gains after selling pricier cars
Jin Jing
2006-09-26
GEELY Automobile Holdings Ltd's profit soared nearly 200 percent to HK$123.7 million (US$15.8 million) in the year's first half, fueled by a sales increase in its higher-priced models, the company said yesterday.

The Hong Kong-listed company said sales revenue rose 93 percent on year to HK$69.3 million from January through June.

Two major subsidiaries, Shanghai Maple and Zhejiang Geely, were the big contributors.

Earnings also benefited from strong demand for a production line-up that moved upscale.

Shanghai Maple and Zhejiang-based Geely Automobile Co Ltd, China's leading private carmakers, netted combined sales revenue of HK$3.29 billion for the first six months. They sold 91,953 vehicles in the period, a 69 percent increase from a year ago.

Profit at the two carmakers advanced 190 percent to HK$294 million for the first half.

Geely, 46.8 percent owned by Geely Group, has rolled out more higher-priced models such as the Free Cruiser and King Kong sedans.

Half-year sales of the higher-priced cars accounted for 56 percent of the total, up from 38 percent from the same period last year.

Geely now holds a 4.8 percent share of China's passenger car market. The company aims to reach 5 percent by the end of this year.

As a whole, the country's carmakers experienced a slight drop in profit growth in July, according to the Ministry of Commerce.

China's auto industry manufacturers generated 41.7 billion yuan (US$5.2 billion) in profit for the first seven months, up 52.5 percent compared with the same period last year. The growth was 7 percentage points slower than the first half.

Sales revenue amonted to 848 billion yuan during the first seven months, up 29 percent from a year earlier and 1.2 percentage points below the first-half figure
http://www1.shanghaidaily.com/art/20...icier_cars.htm
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