Tuesday, April 21, 2015

Chinese companies GEELY wants to enter the markets of Europe and the US

Two representatives of the company Geely reported that Chinese automaker intends to issue in 2017 a compact crossover that will be offered not only in China but also in a couple of years in Europe, and then gets up to America. And if China’s first come the petrol version of the crossover, and then on alternative types of power plants, in Europe primarily to run it a hybrid car. According to representatives of Geely, it will create a brand around the image of the manufacturer of affordable, but high-tech cars. To do this in Europe is expected to create several “flagship” salons Geely. At the moment, the plans of the Chinese market entry in Spain, Portugal, Italy, the UK and Eastern Europe. Western Europe (France and Germany), in their opinion, it is too closed to imported cars.


The new crossover Geely will be based on the platform of CMA for compact cars. Her Chinese engineers are developing together with the Swedish company Volvo, which will also use it for their models. China will build a plant with an annual production capacity of 150,000 cars with logos and Volvo Geely. Collaborate on a new scalable platform and new power plants is conducted in Gothenburg, Sweden.



Chinese companies GEELY wants to enter the markets of Europe and the US

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