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Geely in USA

40K views 52 replies 26 participants last post by  mememe 
#1 ·
Geely will goto the US via Peurto Rico

im sure they will do good in P.rico..but not sure US... :confused: check this article from http://www.edmunds.com/insideline/do/News/articleId=109103

REPORT: Chinese Geely to Invade U.S. via Puerto Rican Test Market
Date posted: 01-31-2006

BEIJING — John Harmer, chief operating officer of Geely USA, told Automotive News that his company elected to use Puerto Rico as a launch pad for Geely's vehicles because the company would like "to do our consumer research [in a place] where the cars can't migrate away."

Geely cars will be distributed in Puerto Rico through Amerito Estrada, which has primarily handled Isuzu in the past. Harmer expects to sell 3,000 cars in Puerto Rico prior to bringing the company's vehicles to the U.S. market in 2008.

Harmer says the company will be signing up dealers after the 2007 Detroit Auto Show. Geely hopes to sell 100,000 cars in the United States by 2012.

What this means to you: It seemed like a good bet that Geely would slide into the United States through another North American inlet — our money was on Canada instead of Puerto Rico, though
 
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#52 ·
Well at least Geely is talking some sense now.


China's Geely sees US market entry no sooner than 2013

DETROIT, Jan 15 (Reuters) - The head of Geely Automobile Holdings Ltd. (0175.HK: Quote, Profile, Research) said on Tuesday it would take the Chinese automaker at least five years to begin selling cars in the United States, stressing there was no room for missteps in entering one of the world's most competitive markets.

"(The timing) depends on changes in the auto industry, in Geely, and in the global economy," Chairman Li Shufu told Reuters in an interview at the North American International Auto Show.

"If nothing goes wrong, then maybe we will be ready in about five years."

Geely's timeline is conservative compared with those of other Chinese upstarts such as Changfeng Group and Zhongxing Automobile.

U.S. venture Chamco Auto said this week it wanted to begin distributing Zhongxing's cars in the United States some time this year, in what will likely be the first entry by Chinese-made cars.

But Li, whose company began building cars just 10 years ago in rural China, said Geely's edge would be its technologically advanced cars, while the company also needed more time to study the needs of the local market.

"Being cautious is essential for the very survival of our company," he said. "No failure is allowed. Long term, it will be good for the company."

Asked at a news conference on Monday when Geely would enter the United States, Li had said he was not sure yet whether his cars were welcome in the market

Geely returned to the Detroit auto show for the third time this year, bringing its newest models, including the CK, FC and MK sedans. The Detroit show is a global automotive showcase.

Geely also produced a video on a stability system designed to keep vehicles from rolling over in the event of a tire blowout in a bid to demonstrate its focus on innovation.

Li said he expected to make money in the initial stage of selling in the United States despite the investments that would be needed to develop a sound sales and after-sales network.

Geely is also preparing to build a factory in Mexico. Li declined to disclose how much the group would invest on the project, but said the automotive side alone could cost roughly $500 million.

"It's a group action, so it will require a lot of money," he said.

Geely expects to have production capacity of 1.7 million vehicles by 2015 in China through nine factories. It now has two plants overseas and four more in the pipeline. (Reporting by Chang-Ran Kim, Editing by Peter Bohan)

http://www.reuters.com/article/rbss...2120080115?pageNumber=2&virtualBrandChannel=0
 
#53 · (Edited)
Another Geely's hype or is it real ?

China's Geely plans export of 100,000-yuan car to US, Europe - report

14 Jul 2008
Xinhua Newsfeed

BEIJING (XFN-ASIA) - Geely Automobile Holdings Ltd plans to begin exporting a hatchback model priced at around 100,000 yuan to the US and Europe next year, the South China Morning Post reported.

"We don't have a detailed timetable for landing the models in the mature markets, but we've prepared well by planning the launch with vehicles that match the quality and standards of those markets," said Daniel Dai, Geely's vice-president of international business.

The four-door FC-2 was designed to meet emission and safety standards in the two markets, as well as regulations covering recyclable components.

(1 usd = 6.85 yuan)

http://www.quamnet.com/newscontent.action?listSectionCode=NEW_HK&articleId=891164
http://www.gasgoo.com/auto-news/7091/Geely-to-export-100-000-yuan-car-to-U-S-Europe.html



Geely's FC-1 C-ncap crash result was very surprising, the highest score for any Chinese model, beating Suzuki, Honda and Nissan.



But can you still trust Geely on this ? the question remains unanswered.
 
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