Geely is looking to greatly expand production of its inexpensive vehicles with ambitious goals of selling one million units per year by 2010 and two million units by 2015. The Chinese automaker has purchased four existing plants and is building a fifth plant to help towards its lofty goal, and there are 15 new products in their pipeline. Geely would like to expand into the US, where its rock-bottom prices would be welcomed, but rip-off styling and poor safety records wouldn't. The Chinese automaker also wants to move upmarket, which should be easy with $4,000 cars, and is investing heavily in R&D. Two million vehicles is a lot of metal, and eight years isn't a lot of time, though.
[Source: Auto News – sub. req'd]