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Geely automobile group to settle in Nigeria

By ANDnetwork .com

Before the year runs out, another Chinese brand identified as Geely will join the on going competition among automobile dealers in Nigeria.

By Moses Ebosele
Relatively new in the global scene, Geely is making its intention public barely two weeks after Chery Motors, another Chinese off spring unfolded plans to sell more cars, expand dealership and after sales facilities.

Founded in July 2002, Geely said it has been "committed to internationalisation ever since its foundation."

In 2003, according to information made available, Geely witnessed the first ever export of finished products in the company's history.

Already, the auto firm said it has established "an extensive" trading relationship with over 50 countries in different part of the world.

TBD International Nigeria Limited, the firm behind Geely in Nigeria said adequate resources are to be deployed to provide after sales back up for the different model.

TBD Vice President in charge of operation, Tony Daudu, said in an interview with the media that apart from three years warranty or 100 000 kilometre, potential customers would be entitled to one year "minor" free service.

"Within three years, we will build assembly plants somewhere in Nigeria, to create jobs for Nigerians as a return back to the community," said Daudu in a telephone interview from his base in Canada.

Products expected in Nigeria by Geely include HQ Series, MR Hatchback and Sedan, BL, CK, PU Pick-up among others.
 

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Rangs Group launches Chinese Geely car

Rangs Group launches Chinese Geely car
FE Report
9/19/2006

Rancon Autos Limited, a company of the Rangs Group, Monday announced launching of Chinese Geely car in Bangladesh.
Addressing a news conference at the Dhaka Sheraton Hotel its Managing Director Romo Rouf Chowdhury said this Chinese economy car is affordable, especially by the middle class people, which will give them a leap in their social status.
The car has a better mileage with a lesser fuel consumption, which will provide the owners a cost efficient life as well, he said.
He said price of a brand new 1500 CC Geely car will be around Tk 11,50,000 and that of 1300 cc will be Tk 8,25,000.
Besides, he said, Rancon Autos Limited will offer a three-year comprehensive warranty, including the spare parts.
Chowdhury also said within the next five-six months his company will possibly introduce another model of Geely car at around Tk 0.5-Tk 0.6 million taka.
Shahriar Yousuf, Executive Director of Rangs Limited, said technology of Geely car is almost similar to that of Japanese Toyota car. Spare parts will be made available through the company's distributors across the country, he said.
Monir Uddin, Head of operation of Rancon Autos, said there is a loan facility for buyer of Geely car. Making Tk 250,000 as down payment, any one could own this car with monthly Tk 10,000-12,000 as installment. This car can be easily convertible to compressed natural gas (CNG), he mentioned.
Rancon Autos Limited has been given the sole distributorship of the Geely International Corporation of China in Bangladesh.

http://www.financialexpress-bd.com/index3.asp?cnd=9/19/2006&section_id=7&newsid=38084&spcl=no
 

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Geely to assemble in Indonesia

"GEELY Holding Group, China's biggest privately owned automaker, will start assembling cars in Indonesia after an initial plan to produce them in Malaysia was rejected by the government.

Geely will assemble its 1.1 liter, 1.3 liter and 1.5 liter sedans in a plant near Jakarta, said Cam Soh Thiam Hong, group executive chairman of Alado Corp, a Malaysian company that holds the sole distribution rights to sell Geely cars in Southeast Asia. It plans to start sales in November.

"The Indonesian market is huge," Soh said yesterday in an interview with Bloomberg News in Petaling Jaya, outside the Malaysian capital Kuala Lumpur. Alado "is in the final stage of concluding an agreement with an Indonesian partner," he said, declining to elaborate.

Geely, which would be the second Chinese automaker to assemble cars in Indonesia, plans to boost exports to two-thirds of its total sales by 2015. Chery Automobile Co started last week to sell cars in Indonesia, Southeast Asia's third-biggest vehicle market, pricing them among the cheapest in the country of 242 million people."

Source: Shanghai Daily
 

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Malaysia's loss - Indonesia's gain

As recently as last April China Daily said that Geely would begin production this month in Malaysia, with an annual capacity of 30,000. But I guess since the Malaysian gov't wouldn't allow them to sell any more than 20% of these within the country, it made better sense to build them next door in Indonesia with no restrictions.
The location is not only a big market but a good jumping off point for other parts of SE Asia.
 

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http://motoring.asiaone.com.sg/news/20061102_003.html

2nd Chinese car brand makes entry with cheapest sedan

By Christopher Tan - OCtober 31, 2006
The Straits Times

JUST four months after Chery Automobile became the first Chinese car brand to enter Singapore, compatriot Geely Holdings is here.

Entrepreneur Peter Kwee's Group Exklusiv, which relinquished its Renault agency recently, has secured the Geely franchise and will launch it at its Kampong Ubi showroom on Nov 7.

Group Exklusiv is targeting first-time car buyers with the Geely CK - the cheapest family sedan in Singapore. The 1.5-litre manual version is expected to be priced from $38,000 (with COE), 10 per cent less than the Kia Rio, the least expensive sedan here.

Group Exklusiv executive director Kevin Kwee said:

'If you buy one as an off-peak car, you pay only $200 or so a month.''

And because Geely spare parts are 'very competitive', insurance premium for the CK is around $600 a year, even without no-claims discount. That is almost half the rate of an equivalent car.

The car is also said to be frugal, covering 100km on 6.5 litres of fuel - or 30 per cent better than a comparable 1.5-litre.

'In China, you will not succeed as a carmaker if your engines are not fuel efficient,'' Mr Kwee said, explaining that buyers - largely first-timers who switch from bicycles - are extremely sensitive to running costs.

Geely started in 1986 as a maker of refrigerators. It ventured into making motorcycles in 1994 and cars in 1997. Today, it is China's largest independent carmaker, with sales surpassing 250,000 units this year - double the volume of Malaysia's Proton, which started in 1985.

Going by the brisk sales of rival Chery in Singapore, Mr Kwee is confident that the Geely will succeed here.

In its first three months, from July to September, Chery sold 135 of its micro-mini QQ, the only model available here, outdoing its closest rival Perodua of Malaysia (110 units) and other established brands like Citroen, Skoda and Ssangyong.

Mr Kwee expects to sell 1,000 cars a year initially and gain 'at least' 10 per cent of the market share in 'the next two to three years'.

But research firm Economist Intelligence Unit said in a recent report that Chinese carmakers will need 10 to 15 more years to be competitive in developed markets.

Mr Lee Nian Tjoe, associate editor of motoring magazine Torque, said: 'Certainly, Geely has aspirations to be the new people's car. It is not quite there yet, but it will be.''

Mr Kwee expects an automatic CK as well as two more models to arrive next year
 

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i dont think geely will do as well as chery in singapore
 

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Geely vs Chery

In Singapore, Chery is selling only the QQ, maybe the MPV next year. Geely is selling the sedan CK and MK later. So unless Chery brings in the A516, they are competing in different segments.
 

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do you know why the geely HQ was not considered in the introduction into singapore? this model would have been the counterpart of the chery QQ.
 

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China's Geely Motors To Introduce Sedan In Indonesian Market

May 18, 2007 7:06 a.m. EST


Josephine Roque - AHN Staff Writer
Jakarta, Indonesia (AHN) - This July, Chinese automaker Geely International Corp. will be introducing its Geely CK sedan in Indonesia, in anticipation of the country's expanding automotive market. The sedan will come in three engine variants and will sell starting at 80 million rupiah ( $9,095 USD) to 95 million ($10,800 USD).

"Our idea is to supply the market with a quality product at an affordable price," said Geely International president director George Zhao.
 

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The Geely CK1, who used to sport a W203 Mercedes Benz C-Class front end but has been recently revised has just made it’s debut in Indonesia last week. It is sold by PT Gaya Motor, an associate of Information Gateway Corp Sdn Bhd owned by Tan Sri Cam Soh Thiam Hong.

The car, available in 1.3 liter and 1.5 liter form, will be assembled in Indonesia, and 2,000 units is expected to be sold over the next 12 months. PT Gaya Motor has an agreement with Geely Holding Group for the manufacturing, assembly and international marketing of Geely vehicles in Indonesia. PT Gaya Motor will initially assemble CKD packs of the car in Indonesia, but later will start using more local components as volume picks up.

Geely originally wanted to establish a manufacturing base in Malaysia with an investment of RM100 million together with it’s partner Information Gateway Corp Sdn Bhd, but decided to pull out and choose Indonesia instead because of the discouraging National Automotive Policy.
 

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Chinese-Made, Affordable Geely Car Hit With Bruneians

Bandar Seri Begawan - The recently launched China-made Geely CK 1.5 manual drive seems to have made a good impact on Bruneians. Ten out of 12 units of the first shipment have already been snapped up.

"This is due to its very affordable price. It allows more people to be able to afford a practical, brand new car," said John Too, senior sales and marketing manager of GHK Motors Sdn Bhd.

Costing less than $15,000, this car comes fully equipped with electric windows, airconditioning, a CD player, safety belt features, a remote control and an automatic security central locking system.

"The reason why this vehicle comes at such an affordable price is because production costs and labour in China is cheap," he said.

Instead of actually developing and manufacturing its own engine, the manufacturers bought Toyota Soluna engines fully approved by Toyota, he added. "For a 1.5 engine vehicle, the public can now pay a monthly bank repayment at just over $200, one of the lowest repayment amounts in the region."

The vehicle has also been distributed in Singapore, according to Daha Trading Sdn Bhd senior marketing manager James Chin.

"In Singapore, most of the cars go through a strict quality test before it is allowed to be sold in the market. People there look for quality and they have high expectations of vehicles," he said.

The sedan is made by China's Geely international, which was founded in 1986 by entrepreneur Li Shufu. The company is based in Huangyan, Luqiao Taizhou city, Zhjiang Province.

Initially set up as a maker of refrigerator parts, the firm went into car manufacturing in 1997, and they are currently in the midst of a global expansion, with plans to set up an assembly plant in the United States.-- Courtesy of The Brunei Times
 

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Geely is in the Philippines!!!

Pan Fil Inter Trade Newsletter- The China leader for automobile-GEELY, that took Detroit, USA by storm has now landed in the Philippine soil on 14June 2007.The local partner, Pan Fil Inter Trade Co. Inc.got the Exclusive Agreement of Distribution/Service within the Philippine Territory in a General Agreement with Franchise Rights signed by its Director(China), Chung Lung Wu(Albert Wu) and partner Geely International Corporation last 16 April 2007 in Shanghai China.

The local partner, Pan Fil Inter Trade Co. Inc choose the Subic Bay Freeport Zone as its entry point because of its strategic location and efficiency of government personnel handling the facility. Subic Bay Metropolitan Authority, Bureau of Customs and the Land Transportation Office are all to be commended for facilitating the entry of Geely Automobile in the Philippines.The Liberalization of Trade being espoused by no less than President Gloria Macapagal Arroyo in her Trade Missions in China and the strong peso are also the reason for the corporate decision of its local partner to venture in the industry.

For years now, Geely has been exported in over 50 countries in Africa,the Middle East,Central America and South America. Joycelin Torres Rodriguez, President and CEO of its local partner Pan Fil shares the view of Director Wu,"by making GEELY available to the Filipinos, we are giving hope to every Filipino who dreams of owning his first new car.Filipinos are known to be dreamers....now owning a new car is no longer a dream but a reality!"

Bringing two models in the Territory, CK and MR are to be sold in the market at around P450,000($9574) and P350,000($7446) respectively. With the entry of this cars in the market it will be the most affordable car to be launched in the Philippines in the recent years. Chairman Maricel V. Wu and Marketing Director Ruth D. Roque strongly believe that Geely will have a strong impact and will enjoy a good market share in the Philippines since Filipinos are known to be good price hunters.Dealers are lining up waiting to be accredited believing in the quality of the car and the bigger market it may have due to its reasonable price.

With a very good car exported by Geely International Corporation in countries throughout the world, its advent in the Philippine Market is highly appreciated.
 

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Cheers to Geely!

Geely is not only taking the Philippines by storm like Detroit, its shaking the Philippines with intensity that moves people to experience what could be a ride of their lives!

I for one, are many of the excited buyers of this amazing car. Two weeks ago I pre-ordered a CK and I think that its really beyond the value.

Currently, second hand cars are the IN thing here which i figured does not serve buyers its real value. Not to mention the life threatening consequence of having converted right-hand drives!

I reckon, these dealers should divert into selling Geely Cars instead.Hehehe!:nod:
 

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I hope Geely will do well as this article says. Geely is doing ok in Singapore atm, so Geely should have learnt the lessons and do much better in phillipines.
 

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Talking about Philippines - what do think about Philippine Utility Vehicle?
The Philippines is a very small market, and most people can't afford a new car. There are several businesses in the country, especially around the city of Cebu, that specialize in converting used Japanese vans into pickup trucks. Public transportation is partly handled by jeepneys, minibus-like contraptions with fiberglass bodies. Seven-seat closed light commercial vehicles are popular here and all over Southeast Asia. Assembly operations here by Toyota, Ford and some other companies exist, but with small output numbers.

The Motor Vehicle Parts Manufacturers Association of the Philippines (MVPMAP) last year launched the local production project that has led to the creation of this utility vehicle. Dreamco, the local assembler of Chinese Foton trucks, provided the chassis and a 2.1-liter diesel engine from China, and hundreds of local companies submitted other bits and parts.

The finished prototype was unveiled at the 109th Independence Day Festival here earlier this week. It appears sturdy but behind 21st-century standards in the quality department. MVPMAP has high ambitions for local production, and Dreamco is all set to manufacture the PhUV. But there's no final word yet on the fate of this intriguing idea.

 
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