Wednesday, November 08, 2006

Pretty fast moves in 6 years

Geely Group started making cars in China in 2000. Their first cars were knockoffs and sold only about 5,000. Now in 2006 the company is producing 150,000 cars a year and selling them in Latin America, Russia and the Middle East. They have even signed a deal to make London cabs.

The cars are powered by Geely's engines and use their transmissions. Most everything else is bought from the same suppliers the big boys use. While their market is domestic and non-mainstream car countries, they do have plans to sell in Europe and the US. How soon? Who knows. But the Chery is expected to be sold here in a year or so.

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