• Apr 10, 2006

The United States may be a little wary of China's Geely Automobile Holdings, Ltd., but folks in China are all over the automaker, pushing sales March sales up 36.2 percent over last year, with sales of 16,788 units. The manufacturer isn't doing too badly this quarter, either -- Geely dealers pushed a whopping 48,438 units off their lots, a 66.9 percent year-over-year increase.

The improvements come as numerous American, European and Japanese automakers are pushing their way into the country as well, making for an extremely competitive climate.

[Sources: CRIEnglish.com, Geely]

 



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    • 1 Second Ago
  • 4 Comments
      • 8 Years Ago
      Well, I guess it's uncanny resemblance to a Mercedes S class can't hurt.
      • 8 Years Ago
      Yes, tim, but the car itself is 7/10ths the size of the Mercedes.

      Who was it who said that "imitation is the sincerest form of flattery"?
      • 8 Years Ago
      I'd like to see Geely succeed as much as any car manufacturer, but I think the numbers in this article need to be qualified. Yes, Geely is seeing big sales increases each year, but this is mostly a reflection of the fact that private car ownership is relatively new to mainstream China. Until a couple decades ago, only state officials could own their own cars, and today, car ownership is still trickling down from the wealthiest urban citizens to the middle class.

      Foreign cars (Buick, VW, BMW, etc.) are still hit with enormous taxes, too, so for most people a Chinese-branded vehicle (often a Geely) is the only option.

      Anyway, the point is that these sales figures aren't really an indication of Geely making quality gains or competitive designs... they're an indication of how many more Chinese citizens are buying their first new car every year.
      • 8 Years Ago
      Tell me something what does it matter if only a few people in china couldn't buy cars years ago. The idea that these people do buy the geely now is very important(product loyalty) this is what is important, everyone remembers their first car(the brand). I think if these guys can get the safety standards the way the U.S. wants watch out big three. look at the stock price gelyf , and decide if you would take a shot.