1. Text: | Print|

      Geely becomes China's top auto exporter

      2013-08-30 08:28 China Daily Web Editor: qindexing
      1

      Zhejiang Geely Holding Group became China's largest vehicle exporter in July for the first time ever, as its exports continued to see a strong uptrend, despite the overall sector reporting a year-on-year drop in exports for three consecutive months.

      The Hangzhou-based company, which became famous globally after acquiring Swedish automaker Volvo Car Corp in 2010, also set an ambitious target to make exports account for 50 percent of its total sales by 2018, said Yang Xueliang, Geely's spokesman.

      Data from the China Association of Automobile Manufacturers showed that Geely exported a record 12,420 vehicles in July, overtaking Chery Automobile Co, which exported 10,800 units and has dominated the sector for over six years.

      Geely's total exports in the first seven months also represented a 27 percent year-on-year increase, against a 2.2 percent drop in China's overall vehicle exports.

      From January to July, China - the world's largest automobile market - exported 567,500 vehicles.

      In July, the country's combined exports were down 5.4 percent year-on-year, following a 21 percent drop in June and a 16.1 percent decrease in May.

      Dong Yang, deputy chief of the China Association of Automobile Manufacturers, attributed the export decline to the weak demand in emerging markets, as well as the yuan's appreciation.

      "We see a big drop in demand for Chinese vehicles in Iraq, Iran, Vietnam and Turkey," Dong said.

      Geely was the only company among the four major Chinese exporters that reported an increase in exports in the first seven months of the year. The four major exporters also include Chery, Great Wall Motors Co Ltd and Lifan Group, which in total dominate 75 percent of the sector.

      "We hope that Geely can sustain the export momentum in the coming months. Though it's hard for us to achieve the previous target of exporting 150,000 vehicles this year due to the challenging overseas markets, if we can keep this pace of 30 percent increase, we will see exports of more than 130,000 units in 2013," Yang said.

      Yang also told China Daily that Geely's robust growth amid Chery's downtrend, gives the company confidence that it will be the leading company in terms of exports this year.

      On Thursday, Geely held a ceremony in its Chengdu plant to ship 600 Geely GX7 SUVs to the Middle East. The vehicles are worth between $2.5 and 2.6 million.

      "Geely can see an increase in exports amid the gloomy market environment. This is a result of the heavy efforts we made to have a stable foothold in overseas markets during the past 10 years," said Yang.

      He also attributed the strong exports to Geely's competitive product line. He said the company has made significant investments to tailor products for the requirements of different markets.

      China has been the world's largest automobile market for four consecutive years. However, the domestic market has been dominated by strong foreign automakers and their joint venture brands, which are still grabbing market share from domestic players.

      Analysts said that it's likely that some Chinese automakers will find additional business opportunities outside China in the future, especially in developing countries.

      In recent years, after some Chinese players firmly established their brands in overseas markets, they started to speed up their expansion drive through the establishment of assembly plants.

      Geely has already set up facilities in eight countries, while Chery has 17 assembly plants abroad that are already operational or under construction.

      In February, Geely set up a research and development center in Gothenburg, Sweden.

      The center will develop modular-architecture design projects and sets of components for C-segment cars, addressing the needs of both Volvo and Geely, and leveraging Volvo's technological know-how.

      Yang said that Geely's models developed in the center, expected to be released in 2016, may help the company to tap mature European markets.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 亚洲av无码成人精品区在线播放| 国产午夜免费福利红片| 久久这里只精品热免费99| 国产人在线成免费视频| 亚洲国产成人影院播放| 水蜜桃视频在线观看免费| 最近中文字幕国语免费完整| 亚洲精品偷拍视频免费观看| 亚洲欧洲日产韩国在线| 特级做A爰片毛片免费看无码 | 亚洲爆乳精品无码一区二区| 热久久这里是精品6免费观看| 中文字幕亚洲激情| 亚洲国产成人久久精品大牛影视 | 亚洲国产精品国自产拍电影| 亚洲色偷精品一区二区三区| 免费国产99久久久香蕉| 高清在线亚洲精品国产二区| 亚洲综合色丁香婷婷六月图片| 久久免费观看国产99精品| 久久综合亚洲鲁鲁五月天| 久久精品电影免费动漫| 亚洲精品国产免费| 日韩电影免费在线观看| 亚洲高清无在码在线电影不卡| 四虎国产精品免费久久| 亚洲字幕在线观看| 国产免费人成视频在线观看 | 三年片在线观看免费大全电影| 亚洲精品无码久久久| 精品一区二区三区免费视频| 免费观看国产小粉嫩喷水| 国产VA免费精品高清在线| 免费人成网站7777视频| 狼人大香伊蕉国产WWW亚洲| 最近2019中文免费字幕| 亚洲天堂2016| 无人在线观看完整免费版视频| 国产偷国产偷亚洲高清在线| 国产免费啪嗒啪嗒视频看看 | 无人影院手机版在线观看免费|