Zhejiang Geely Holding Group. hopes to sell its Chinese-made Geely cars in Europe "as soon as possible," although he also stressed that conditions for entry into the European market "are not there yet." Li Shufu, owner of Geely, is reported to have said that entering the European market is "not only about safety and price," but requires a business plan that incorporates an understanding of the European economy and society.

He said entering the European market is "not only about safety and price." It requires a business plan that incorporates an understanding of the European economy and society. "If we lack any one of the elements, we don't think it will work," he said. - Volvo would move into making more luxury cars than at present. These cars would be made in Europe, not China - he added.

Geely – the symbol of Chinese automotive development

According to a report by Belga, a Belgian news agency, Li Shufu met local politicians on 6 October to discuss whether incentives would be available for the purchase of GM's Antwerp vehicle assembly plant. GM first announced plans to close Antwerp in January this year, though it remained open to offers for the facility. At the time, the Antwerp plant employed 2,300 people building the Astra three-door, TwinTop and station wagon models.

Geely is owner of existing Volvo’s plant at Ghent in Belgium.Thera are made newest models of Swedish brand, like: C30, S40, V50, S60 i XC60. With these 5 models, Volvo Cars Gent is one of the world's most flexible car making plants.

Source: Wall Street Journal
Source: Automotive World
Source: Puls Biznesu


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