• Oct 26th 2007 at 4:02PM
  • 8
"We started off building and selling cheap cars, but now we are changing," says Geely Automobile Holdings Chairman Li Shufu at at Tokyo press conference. Geely is the purveyor of some of the most inexpensive cars in China, and now it's looking to sell in other markets. Citing Geely's great respect for Japanese manufacturers, Li expressed a desire to collaborate with them as Geely follows the trail they blazed over a generation ago. Competition in the Chinese auto market is cutthroat, and Geely has plans to double its capacity and add assembly plants in North America and Europe, too. Their goal is to sell 1 million cars per year by 2010, quite an increase from the 175,635 units they moved last year.
[Source: Auto News - sub. req'd]

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    • 1 Second Ago
      • 7 Years Ago
      "Let a thousand head-traumas bloom! Let a thousand frontal impacts contend!"
      • 7 Years Ago
      • 7 Years Ago
      Hmmmmmmmmmm. Do I put my family in something that's probably built like every other Chinese piece of crap product?

      • 7 Years Ago
      So, they sold cheap and now they are changing...does that mean the cars won't be cheap any longer!?
      • 7 Years Ago
      Tata, maybe?
      • 7 Years Ago
      OF COURSE they want to partner, they could steal the design outright; now theywant to steal the engineering and assembly processes as well!
      • 7 Years Ago
      Geely? Wasn't that J-Lo's awful movie?
      It was spelled Gigli, pronounced Geely.
      Don't buy these cars. It is a disaster for our economy.
      • 7 Years Ago
      Geely, dont they sell crappy mopeds over here in US and A??
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