Full Coverages>Business>Auto China 2004>Top companies
       
 

Geely plans to hit million mark by 2007
By Gong Zhengzheng (chinadaily.com.cn)
Updated: 2004-06-01 14:08

The Chinese mainland's pioneering private carmaker Geely has unveiled plans for a fivefold increase in its production by 2007.

Speaking as the firm's 210,000th car rolled off the production line in Taizhou, Zhejiang Province, Geely President Xu Gang said it hoped to lift its accumulated output to 1 million cars within the next three years.

Geely, the parent firm of Hong Kong-listed Geely Auto Holding, is a relative newcomer to the highly competitive sector, having started auto production in 1998.

Xu added confidently: "We are performing much better than before as a result of growing market demand and improvements in both the quality and style of our products."

Geely, which is owned by Chinese tycoon Li Shufu, sold more than 40,000 cars during the first four months of this year.

It plans to more than double last year's total output of 80,000 units, aiming for 165,000 cars this year.

"We will introduce a slew of new own-brand products, including recreational vehicles and sport utility vehicles, in co-operation with foreign automobile design companies," Xu said.

He added that Geely will launch a new model, CK-1, designed by South Korea's Daewoo International Kaisha, in the second half of this year.

The company has also signed co-operation deals with Germany's Luc Co and the Italian Car Projects Group.

Geely now produces the low-emission Haoqing, Merrie, Ulion and Meirenbao - China's first domestically made sports car - and the Maple.

"Own development has not been easy and Geely is still much weaker than foreign and domestic big names, but we will not give up," pledged Geely Chairman Li Shufu.

Foreign auto giants, such as Volkswagen, General Motors, Honda, PSA Peugeot Citroen, Toyota, Nissan and BMW currently control 90 per cent of China's passenger car market.

Most Chinese automakers, including the nation's top three - First Automotive Works Corp, Shanghai Automotive Industry Corp and the Dongfeng Motor Corp - have established joint ventures with these firms to assemble foreign brands.

Geely will continue to use its own brands and will not assemble foreign cars, Li said.

The company has four manufacturing bases in Zhejiang and Shanghai with an originally planned total annual capacity of 650,000 cars by 2007.



 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.

 

Advertisement
         
主站蜘蛛池模板: 小婷又紧又深又滑又湿好爽| 欧美一级大片在线观看| 国产亚洲情侣一区二区无| 15一16毛片女人| 毛色毛片免费观看| 噜噜噜狠狠夜夜躁| 青青草国产在线| 国产成视频在线观看| 呦交小u女国产秘密入口| 在线精品国精品国产不卡| 一区二区三区亚洲视频| 成人网视频免费播放| 久久久久性色av毛片特级| 日韩欧美在线综合| 五月婷婷免费视频| 欧美www视频| 亚洲国产成人久久精品app| 美女尿口18以下禁止观看免费| 国产在线精品国自产拍影院同性| 五月婷婷伊人网| 国产精品公开免费视频| 91在线播放国产| 国模吧2021新入口| 中文字幕精品视频在线观| 日韩欧美精品综合一区二区三区| 亚洲免费观看在线视频| 欧美日韩国产精品| 亚洲欧美日韩综合久久| 激情三级hd中文字幕| 亚洲视频欧美视频| 爱爱视频天天干| 欧美另类老少配hd| 日本换爱交换乱理伦片| 久久综合九九亚洲一区| 最新国产你懂的在线网址| 亚洲gv天堂gv无码男同| 欧美另类老少配hd| 亚洲乱码在线视频| 男女边吃奶边做爽动态爽| 国产传媒在线观看视频免费观看| 日本三级韩国三级欧美三级|