Goldbug100 - Geely Automobile Holdings Ltd. (0175.HK) increased shareholding by 100%

at HK$ 2.03 bring the average purchase price down to HK$2.31

0175.HK

7:59AM

2.06

0.08 4.04%

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Geely Automobile Holdings Ltd (0175.HK) Company Profile - Reuters

Google Finance

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article

Geely Automobile Holdings Ltd’s Emgrand EC7 family hatchback and saloon will be something of a first when it goes on sale in the UK. Geely, which is currently mid-way through a UK dealer recruitment programme targeting 40 dealers, appears to be trying to do what Hyundai and Kia have done in recent years and build a position quickly from scratch by offering “good quality, really good value for money and a long warranty.”

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Matthew Cheyne, market development director Geely Auto UK said: “Initially this year we are looking to appoint between 30 and 40 dealers to provide sales and service facilities in the UK, including Northern Ireland.  More will be appointed in 2013 as the brand grows and more new models arrive.”

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Uploaded by GeelyenChile on Jul 8, 2011