Geely Aims to Triple Exports
China Daily January 5, 2007
Geely Holding Group, China's top privately owned carmaker, aims to nearly triple its overseas sales this year from 2006, despite obstacles from foreign countries and the Chinese government's stricter rules on car exports. The parent of Hong Kong-listed Geely Automobile Holdings Ltd yesterday said it expects to export 33,000 cars in 2007, up from 12,000 last year. The 2006 figure was up from 7,000 units in 2005. The independent carmaker, based in coastal Zhejiang Province, is one of China's leading car exporters as well as Chery Automobile Co in Anhui Province. He said Geely is preparing new models which will meet standards in the United States in an effort to foray into the world's biggest car market in 2008…
Asked whether China's tightened rules on car exports published last week will affect Geely's overseas sales, Wang said: "It will not have a negative impact on us."
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China Daily January 5, 2007
Geely Holding Group, China's top privately owned carmaker, aims to nearly triple its overseas sales this year from 2006, despite obstacles from foreign countries and the Chinese government's stricter rules on car exports. The parent of Hong Kong-listed Geely Automobile Holdings Ltd yesterday said it expects to export 33,000 cars in 2007, up from 12,000 last year. The 2006 figure was up from 7,000 units in 2005. The independent carmaker, based in coastal Zhejiang Province, is one of China's leading car exporters as well as Chery Automobile Co in Anhui Province. He said Geely is preparing new models which will meet standards in the United States in an effort to foray into the world's biggest car market in 2008…
Asked whether China's tightened rules on car exports published last week will affect Geely's overseas sales, Wang said: "It will not have a negative impact on us."
More
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