|Founded||Taizhou, China (1986)|
|Headquarters||1760 Jiangling Road, Hangzhou, Zhejiang, China|
|Number of locations||China|
|Key people||Li Shufu (Chairman)
Yang Jian[disambiguation needed] (President)
|Products||Automobiles, motorcycles, engines, transmissions|
Geely (officially Zhejiang Geely Holding Group Co., Ltd) is a Chinese automotive manufacturing company headquartered in Binjiang District, Hangzhou, China. Its principal products are automobiles, motorcycles, engines, and transmissions. It sells passenger cars under five brand names: Emgrand, Englon, Geely, Gleagle, and Volvo.
- 1 Name
- 2 History
- 3 Operations
- 4 Products
- 5 Dealer network
- 6 Sales
- 7 Safety record
- 8 Controversies
- 9 References
- 10 External links
Founding Geely in 1986 as a refrigerator-maker with money borrowed from family, Li Shufu transformed his company into a successful private automaker selling inexpensive products to Chinese consumers. A pioneer private Chinese automaker, in 2003 it remained the only domestic car manufacturer to lack ties to the Chinese state although another big-sized, politically independent automaker was rising around this time, BYD Auto. (Great Wall Motors may be considered one more Chinese automaker less-burdened with ties to the state.)
After the purchase of a failing, state-run firm, Geely manufactured motorcycles in the mid-nineties. Small van production began in 1998, and a year after Geely received state approval to make automobiles, car production began in 2002. It had its IPO on the Hong Kong Stock Exchange in 2004.
Between 2006 and 2008, Geely expressed its desire to sell in the EU and United States markets, and in pursuit of this goal it presented at the 2005 Frankfurt Motor Show. It followed with a 2006 showing at the Detroit auto show. Export to the EU and United States was postponed, but the company has recently started EU sales.
Geely approached Ford in mid-2008 about a possible takeover of Volvo Cars. On October 28, 2009, Geely was named as the preferred buyer of Volvo by the American automaker. A deal was reached in late March and completed in early August, 2010. Volvo continues to operate independent of its new owners, but Geely wants to make Volvo-branded cars in China something Volvo (but not the Chinese state) has agreed to, desires synergy, and nowadays communicates with the company via a special, twice-yearly meeting.
In December 2011, it was announced that Geely would begin selling Chinese-designed and -manufactured cars in the United Kingdom at the end of 2012, with the first model to go on sale being the Emgrand EC7. The company has also stated its intention to begin sales in Italy.
Research and development
In 2007, Geely applied for approximately 120 intellectual property rights. One-third were patents and two-thirds were utility models. In comparison to patents, utility models are cheaper and less research-intensive. Since 2005, the patent and utility model applications nearly doubled. From 2005 to 2006, it quintupled.
Headquartered in Hangzhou, Zhejiang, Geely has production bases located in: Lanzhou, Gansu (completed in 2006, Geely construction in the region continued as of August 2010, either for expanding the existing facility or on a new semi-complete knock-down factory); Xiangtan, Hunan; 40 minutes south of Shanghai; Jinan, Shandong province; and at Linhai, Luqiao, and Ningbo, in Zhejiang.
At least four overseas factories assemble Geely models probably from semi-complete or complete knock-down kits. These facilities are located in: Indonesia, and some of its production has been imported back to China; Sri Lanka, in collaboration with Micro Cars; Malaysia; Russia, where assembly is controlled by local firm Derways; and Ukraine. These locations are not necessarily affiliated with or owned by Geely.
Manganese Bronze joint venture
Established in 2007, Shanghai LTI Automobile Components Co Ltd is a joint venture with Manganese Bronze Holdings. It makes the TX4, a licensed London Black Cab, in Fengjing, Shanghai. The company exports semi-complete knock-down kits for assembly in the UK.
Drivetrain Systems International
Geely sells passenger cars under the Emgrand, Englon, Geely, Gleagle, and Volvo marques. Some Geely passenger cars include engine technology from Robert Bosch GmbH and seatbelts provisioned from Autoliv. Many of Geely's early products are based on the Xiali TJ7300, a variant of the 1987 Daihatsu Charade. Models such as the Haoqing (豪情) (five-door), Merrie (美日) (five-door), Uliou (优利欧) (four-door), and Urban Nanny (van and pick-up truck) have Charade bases, but feature a more prominent chromed grille.
A sense of humor imbues the names of some Geely vehicles. One sedan is called the "King Kong", and an early model was named You Li Ou, a play on words that means "better than the Tianjin Xiali or the Buick Sail", two of its competitors.
Geely's medium to high-end luxury brand, Emgrand (Chinese: 帝豪品牌; pinyin: dì háo pǐnpái) was launched in 2009. Geely will phase out Emgrand later this year and consolidate around the Geely brand.
Emgrand products include:
- 2009 — Emgrand EC7 – 1.8 L CVVT sedan/hatchback
- 2010 – Emgrand EC8 2.0L, 2.4L sedan
- 2010 – Emgrand EC7-RV 1.5L, 1.8L hatchback
- 2011 – Emgrand EX7 SUV
Launched in 2010, and replacing the Shanghai Maple brand, Englon (Chinese: 英伦; pinyin: yīng lún) emulates classic, British style, and its model line includes a TX4 sold on the Chinese market. Some of its cars are built by Geely subsidiary Shanghai LTI. Geely will phase out Englon later this year and consolidate around the Geely brand.
Geely marque products include:
- Xiali TJ7300-based
- 2002 – BL/Beauty Leopard/BO (美人豹) – 1.5 L coupe
- 2006 – MK/LG/KingKong (金刚) – 1.5 L & 1.6 L sedan (also called Micro Sedan in Sri Lanka)
- 2006 – FC/Vision (远景) – 1.8 L CVVT & 1.5 L CVVT sedan
- 2008 – Geely China Dragon (中国龙) – 1.8L CVVT coupe
Some Gleagle cars, such as the Gleagle Panda, may be available for sale on the Internet in China via the Taobao Mall, a popular e-commerce site. While Geely will deliver the car to your address, buying one of the Panda models on offer does necessitate a trip to a traditional dealer. Geely will phase out Gleagle later this year and consolidate around the Geely brand.
Gleagle products include:
- 2008 — Gleagle Panda (熊猫) – 1.3L & 1.0 L CVVT hatchback, also known as the Geely LC
- 2010 – Gleagle GX2 (Panda Cross) – 1.3/1.5 L
- 2011 – Gleagle CK – 1.0/1.5 L, a rebadging of the Geely CK
- 2012 – Gleagle GC7 – 1.8 L four-door sedan
Shanghai Maple products included:
- 2003–2005 — Maple Huapu (华普) M203 – 1.5 L 5-door hatchback
- 2003 – Maple Hisoon (海迅) AA & AB – 5-door hatchback
- 2004 – Maple Marindo (海域) M303 – 1.5 L & 1.8 L sedan
- 2005 – Maple Hysoul (海尚) M305 – 5-door hatchback
- 2006 – Maple Hysoul (海尚) M206/Haixuan (海炫) – car aimed specially at female consumers
Geely manufactures a number of motor scooters and motorcycles from 50 to 250 cc displacement.
- Shanghai Maple: Discontinued 2010
- Gleagle: Discontinued 2014
- Emgrand: Discontinued 2014
- Englon: Discontinued 2014
Geely refers to its dealer network as 4S stores and also sells some models online.
In addition to China, Geely vehicles are sold in Australia, Brazil, Bahrain, Chile,Colombia,Costa Rica, Egypt, Indonesia, Iran, Kuwait, Nepal, New Zealand, Nigeria, Oman,Pakistan, Romania, Russia, Saudi Arabia, South Africa, Syria, Taiwan, Turkey, Ukraine, Uruguay, and Venezuela. In a number of markets, Geely vehicles are assembled in local factories from complete knock-down kits.
In 2010, Geely surpassed its projected 400,000-vehicle sales target for that year selling 415,286 units of their 680,000 units/year production capacity, prompting the company to set their 2011 sales target at 480,000, a 16% increase. That year 15,596,100 units (7,793,600 passenger vehicles) were sold in China, giving Geely a 2.66% market share. Geely has announced its ambitions to double its market share in China to 5.8% by 2015, however.
In 2010 the Geely LC scored 45.3 points of a possible 51 in the China-NCAP crash tests, making it China's first locally researched and developed mini car to be awarded a 5-star rating, and the safest Chinese hatchback as of 2011.
Some Geely models have received criticism for closely resembling those of other manufacturers.
An ultimately unsuccessful lawsuit was brought against the company in the early 2000s by Toyota, which claimed Geely had "implied in ads that some of the parts [used in Geely vehicles] were made by Toyota". Geely may also have used a logo that resembled that of Toyota.
- "Our Business". Geely.
- "About Geely". Geely.
- "Contact." Geely. Retrieved April 18, 2013. "ZHEJIANG GEELY HOLDING GROUP CO.,LTD Add: 1760，Jiangling Road,Binjiang District,Hangzhou Zhejiang Province,P.R. China Zip: 310051"
- "Shedding its skin". 2010-12-31. Global Times. Check date values in:
- "SPECIAL REPORT-Saving Volvo:Geely buys brand and management test". Reuters. 2010-07-22.
- McGregor, R. (2002, Apr 02). "Geely gears up china's first home-grown car". Financial Times.
- McGregor, R. (2003, Nov 07). "Local investors fear china's car policy will set entry barriers high." Financial Times.
- Crystal Chang (2010-04-07). "The Emergence of the Independent Chinese Auto Industry". Political Science Department, UC Berkley.
- "China's lucky man bags Volvo". The Economist. 2010-08-05.
- "Geely Automobiles". Al Hashar Group of Companies.
- "Milestones". Geely.
- "China's Geely debuts at Frankfurt car show". People's Daily. 2005-09-13.
- "Ford set to offload Volvo to Chinese carmaker Zhejiang Geely". The Guardian. 2009-10-28.
- "Ford reaches agreement to sell Volvo cars and related assets to Geely". Ford Motor Company. 2010-03-28.
- "UPDATE 1-Geely may build as many as 3 Volvo plants in China". Reuters. 2010-09-13.
- "3 domestic Volvo plants ok'd". Global Times. 2010-12-13.
- "Volvo, Geely set up Dialogue & Cooperation Committee". Global Times. 2010-11-08.
- "Geely Automobile last year net profit of 1.368 billion yuan year-on-year increase of 16%". China Association of Automobile Manufacturers. March 28, 2011. Retrieved June 2, 2012.
- "China Car Market 101: Who Makes All Those 18 Million Cars?". The Truth About Cars. 2011-01-19.
- Leung, Alison (Nov 12, 2010). "China Geely on track to meet target". Thompson Reuters. Retrieved June 2, 2012.
- "Geely cars to be sold in the UK". The Telegraph. 2011-12-05.
- "Geely to come to UK in 2012". What Car?. 2011-12-05.
- "Geely to launch in Italy in 2012". China Car Times. 2012-01-03.
- "Geely: Unternehmensprofil, F&E, Patente, Wachstum, IP | Chinese Champions". Chinese-champions.de. Retrieved 2012-11-07.
- "Geely gets in high gear". Global Times. 2010-01-20.
- "Geely Group donated 1 million yuan to Zhouqu". Global Times. 2010-08-16.
- "Chinese Vice Premier speaks highly of Geely's investment in Lanzhou". Global Times. 2010-07-14.
- "Zhou Tienong inspects Geely's Xiangtan plant". Geely. 2010-06-10.
- "Shanghaied: Things are going awry for foreign carmakers in China". The Economist. 2005-04-21.
- Shirouzu, N. (2011, Jun 24). "Geely sets second volvo china plant". Wall Street Journal (Online),
- "Geely starts work on new transmission system project". Gasgoo. 2011-12-22.
- "Geely mulling production in Turkey". Global Times. 2010-10-21.
- "Geely to invest $30 million in Indonesia". Global Times. 2009-06-26.
- "Handing over 1st Batch of PANDAs to customers". Micro Cars. 2011-02-28.
- "New Micro Sedan from GEELY". Micro Cars. 2010-04-30.
- "China automaker Geely inaugurates assembly line in Russia". Global Times. 2010-01-18.
- "Shanghai LTI Starts Supplying SKD TX4 to the UK". ChinaAutoWeb. 2010-08-25.
- "British icon on wheels made in China". China Daily. China Daily Information Co. 2008-09-05. Retrieved 2012-04-18.
- "China Geely on track to meet target". Reuters. 2010-11-12.
- "Focus". Geely.
- "Autoliv starts building new factory in China". Gasgoo. 2011-04-04.
- "The Little Car Company That Can?". BloombergBusinessweek. June 16, 2002. Retrieved July 25, 2012. "Please note that the Xiali is based on a Daihatsu Charade, so while this article refers to a "Toyota Charade" they really mean the Chinese-market version of the Daihatsu Charade, which was popular in China"
- "Geely Emgrand brand-----to build new image of automobile in China". Geely. 2009-07-28.
- "Geely Releases All-New Emgrand Mid-Size Sedan: EC8". ChinaAutoWeb.com.
- "Geely to launch Englon brand". Global Times. 2010-04-14.
- "Englon brand to get major boost in 2011". China Car Times. 2010-11-29.
- "The first user of Shanghai Englon TX4 came out into view in Shanghai Auto Show". Geely.
- "Geely Releases All-New Englon SC5-RV Subcompact". ChinaAutoWeb.
- "Micro Cars Limited". Microcars.lk. Retrieved 2010-09-29.
- "Notes From the Trademark World: "Gleagle"? Really?". China Hearsay. 2010-05-25.
- "Geely goes Logo Loco". China Car Times. 2009-04-25.
- "Short Torque". China Daily. 2010-12-06.
- "Geely Englon SC51-RV". Global Times. 2011-10-28.
- "China's Geely opens online car store on Taobao". Reuters. 2010-12-06.
- "China's Geely now selling cars online". China Daily. 2010-12-07.
- "Geely nets online store". China Daily. 2010-12-08.
- "Geely Releases Panda Crossover: Gleagle GX2 Supermini". ChinaAutoWeb.com.
- "2011 Geely CK Launched under the Gleagle Brand, Prices Starting from $6,150". ChinaAutoWeb.com. 2011-06-30.
- "全球鹰GC7 1.8L DVVT-AT 豪华型 购车订金" [Deposit for Chinese luxury car Gleagle GC7 1.8L DVVT-AT]. 天猫tmall.com (in Chinese). Retrieved 2012-10-19.
- "华普品牌介绍" [Brand Introduction of Shanghai Maple] (in Chinese). Geely Holding Group. Archived from the original on 2009-04-20.
- Maple Haixuan: What Chinese Women Want?, Edmunds.com, March 10, 2006
- "Total Car Population By Make". lta.gov.sg.
- "Geely MK now Australia's cheapest car". The Sunday Times. 2011-01-05.
- "Geely Motors do Brasil". Retrieved 2014-03-26.
- "Mannai Motors is a Bahraini Establishment specialized in trading in Automobiles". Mannai Motors.
- "Geely's Boundless Care for Earthquake-hit Chile". Geely.
- "Geely Colombia". Geely Colombia. Retrieved 2013-09-02.
- "Geely Costa Rica". Dragon Motors Costa Rica. Retrieved 2012-01-03.
- "Geely Egypt". Retrieved 2013-10-08.
- "Geely Indonesia". Retrieved 2012-01-03.
- "Geely". Al Khayyat Motors Group. Retrieved 2012-01-03.
- "Kuwait Automotive Imports Company :GEELY – THE GLOBAL CAR FROM CHINA NOW IN KUWAIT".
- "Geely Nepal". Saakha & Universal Autmobiles Pvt Ltd. Retrieved 2012-01-03.
- "Geely NZ". Geely New Zealand. Retrieved 2012-01-03.
- "Beijing Auto Show is Geely's Strategic Point of Blow-out". Geely. Retrieved 2012-01-03.
- "Geely Automobiles". Al Hashar Group. Retrieved 2012-01-03.
- "Geely Automobile Romania". Retrieved 2012-01-03.
- "Geely's CKD Assembling of MK Launches in Russia". Geely. Retrieved 2012-01-03.
- "Haji Husein Alireza & Co. Ltd.".
- "Geely SA". Geely South Africa. Retrieved 2012-01-03.
- "GEELY Awarded as "Best China's Automobile Brand in the Syrian Market"". Geely. 2009-07-30.
- "Tobe M'car Makes a Splash in Taibei". Geely. Retrieved 2012-01-03.
- "Turkey Welcomes Geely's Manufacturing". Geely. Retrieved 2012-01-03.
- "Geely Украина" (in Russian). AIS Group. Retrieved 2012-01-03.
- "Geely – Gruppo Fiancar". Retrieved 2012-01-03.
- "Geely de Venezuela". Retrieved 2012-01-03.
- ""Geely" Prevails in Cuba's Street". Geely. 2010-02-06.
- "Geely car models three large-scale exports of Cuban exports". Agile News. 2011-10-25.
- Leung, Alison (2011-01-11). Lewis, Chris, ed. "UPDATE 1-Geely shares up after 2010 sales beat target". Retrieved 2012-06-01.
- "China Car Market 101: Who Makes All Those 18 Million Cars?". The Truth About Cars. 2011-01-19.
- "CHINA: Geely looks to double market share within five years". just-auto.com. 2010-12-03. Retrieved 2012-06-01.
- "Овария" (in Russian). Авторевю (Autoreview). October 2007. Retrieved 2012-10-05.
- "The home team:Indigenous carmakers are working their way up". The Economist. 2008-11-13. Retrieved 2012-10-05.
- "Geely CK Gets Zero-Star Latin-NCAP Rating". ChinaAutoWeb.
- "US Geely's growth: Appliances to autos in 13 years". China Daily. 2010-05-04.
- "Five Star in Collision Test: Geely Panda Appraised as the safest Minicar in China". Geely. 2010-01-09.
- "Auto Special: Safety test proves Geely has the right path to improved performance and competitiveness". China Daily. 2011-01-14.
- "Geely Emgrand EC7". Euro-NCAP. 2012-03-01.
- "Geely says Rolls Royce's copy claims are baseless". MotorAuthority. 2009-04-24.
- "China's Geely denies copying Rolls Royce". Drive.com.au. 2009-04-24.
- "JAC also planning Toyota Aygo mini car". China Car Times. 2009-02-05.
- Fairclough, G. (2006, Nov 07). "Bumper crop: As barriers fall in auto business, china jumps in; geely aims to be world player, but quality woes linger; cars a new commodity?; 'copycat' accusations fly." The Wall Street Journal.
- JAMES MACKINTOSH AND, R. M. (2003). "Carmakers gamble on china". Financial Times.