男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Geely to build cars in Egypt

Updated: 2012-02-27 09:29

By Xiao Han (China Daily)

  Comments() Print Mail Large Medium  Small

As domestic market cools, automakers look overseas

BEIJING - Domestic carmaker Zhejiang Geely Holding Group will begin assembling cars in Egypt in the third quarter of this year for sale locally and in nearby markets across Africa and the Middle East.

Geely to build cars in Egypt

 
 

Last week Geely signed an agreement with Egyptian company GB Auto to assemble cars using parts shipped from China.

Initial capacity at the Egyptian plant will be 30,000 units a year, the company said, with the Emgrand EC 7 to be the first model built.

A top-class sub-brand of Geely's lineup, the Emgrand is designed to improve the carmaker's image, which is associated with cheap cars in the minds of many consumers.

The company said more models will be assembled in Egypt, but it is still considering plans for its product lineup.

With a market share of about 28 percent in 2010, GB Auto is the biggest auto assembler and distributor in Egypt.

It also has sales branches in Iraq, Jordan, Syria and Algeria.

Before local assembly starts in July, GB Auto will first import some Panda and Emgrand cars to Egypt starting in the second quarter.

Leading auto exporter Chery was the first Chinese carmaker to have a factory in Egypt when it began assembling cars there in 2005.

Domestic carmakers JAC Motor and BYD also export to Egypt.

Geely's exports last year totaled 38,000 vehicles, up 76 percent over 2010.

The company said it projects a 50 percent increase in overseas sales this year to about 57,000 units.

The carmaker's overseas push is designed to help offset slowing demand in its home market.

Geely sold about 430,000 vehicles last year.

Its target this year is to deliver 460,000. More than half of the additional cars are expected to come through sales overseas.

But the carmaker's ambitions are not limited to emerging markets.

It plans to begin sales in the United Kingdom as a stepping stone to Europe, a mature market Chinese carmakers have yet to enter partly due to strict safety standards.

Geely spokesman Yang Xueliang said the company will begin shipment of its Emgrand EC7 sedan and EC7-RV SUV to the UK in September or October.

The EC7 received four stars in NCAP crash tests last year, the highest rating ever for a Chinese car.

Its initial goal is to sell about 3,000 cars a year in the UK. The company anticipates adding one model a year to the export lineup, he said.

Some observers note the EU debt crisis and sluggish demand might make it a bad time for Geely's entry into the European market, but Yang noted the carmaker's affordable, quality cars could offer good value for money, an advantage during challenging times.

Its lowest-priced cars will sell at 10,000 pounds ($15,700) in the UK, he said.

主站蜘蛛池模板: 武强县| 方山县| 梨树县| 冕宁县| 安远县| 花莲市| 金堂县| 额济纳旗| 开封市| 彰化市| 措美县| 托里县| 高邑县| 北宁市| 甘谷县| 克东县| 乌什县| 宜宾市| 永清县| 高邑县| 乐清市| 汉寿县| 海晏县| 乡宁县| 石城县| 华安县| 东平县| 新泰市| 罗田县| 开化县| 库尔勒市| 张家川| 海安县| 肃北| 锡林浩特市| 邵阳市| 土默特右旗| 大洼县| 永仁县| 南靖县| 波密县| 红原县| 库尔勒市| 南和县| 依兰县| 全椒县| 阿巴嘎旗| 洛川县| 渝中区| 平昌县| 大余县| 辉南县| 忻州市| 蒙阴县| 西乡县| 东乌珠穆沁旗| 建宁县| 区。| 宿松县| 襄樊市| 台北市| 台北市| 定安县| 齐河县| 伊川县| 新郑市| 巴东县| 太康县| 原阳县| 上犹县| 大连市| 南江县| 阿荣旗| 本溪| 延津县| 鹿泉市| 岱山县| 溆浦县| 丰原市| 石家庄市| 信宜市| 聊城市|