Geely Plans JV in Russia

Posted by Bill Belew on July 28th, 2010 in Russia | No Comments

China's Geely Automobile is planning a joint venture in Russia.

Details are non-existent. Maybe, because….

Geely wants to go global.

In the 'yet-to-be-decided' JV, Geely hopes to roll out 10,000 vehicles.

Geely also wants to have assembly plants in Central America and Africa.

Geely has one contract with the Rolf Group of Moscow for $1.5 billion worth of cars.

Under the contract, Geely wants to sell 30,000 cars every year. 

Last year, Geely sold 10,000 cars overseas.

The company wants to double that this year. 

Key words, want, hope, aim, plan…to sell, buy, make money.

First things first..to make a car buyers want.

What do you think of Geely cars? 

source 


 

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