Geely
Geely
Zhejiang Geely Holding Group Co., Ltd, commonly known as Geely, is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately held by Chinese billionaire entrepreneur Li Shufu.
Glob.Revenue, mln.USD
25332
In the second half of 2022, Geely intends to start Russian sales of the Monjaro flagship crossover, which has already been certified. As of May 2023, the network of official Geely dealers is represented in 89 Russian cities and has 157 dealer centers. There are already eight brands from China in the top ten best-selling new cars in Russia at the end of 2023. Or even nine - depending on how you consider Moskvich: it is produced in Moscow and is considered Russian, but copies of Chinese JAC JS crossovers come off the assembly line under this name. Each of the top three Chinese brands in sales - Haval, Geely and Chery - sells more than 10,000 cars per month.
The Company Statement
June 23, 2023
Geely initially has suspended shipments of cars to dealers in Russia. But later, the head of Chinese car conglomerate Geely has defended a decision by the Geely auto brand to increase car sales in Russia after global rivals pulled out of the market following Vladimir Putin’s invasion of Ukraine. The Chinese car manufacturer Geely was included in the list of international sponsors of the war by NACP. Significantly increased revenue in 2023 vs 2022 (more than 2.4x! times).
September 03, 2024 | Three Chinese automakers entered the top 10 largest foreign companies in Russia |
March 05, 2024 | Passenger car sales increased by 85% year-on-year in February 2024 |
December 29, 2023 | “The consumer’s heart melted.” The Russian automobile market has become Chinese |
December 16, 2023 | The head of AvtoVAZ: it is impossible to compete with the “Chinese” without state support. The Russian auto industry cannot do without the help of the authorities |
November 24, 2023 | Chinese car sales boom in Russia levels off amid shaky local recovery |
September 29, 2023 | In 2022, the profits of Chinese companies in the Russian car market increased by 91% |
July 11, 2023 | China Exports Far More Vehicles to Russia Than Anywhere Else |
June 27, 2023 | Several Swedish players are investigating a boycott of Volvo Cars |
June 23, 2023 | Financial report of GEELY - MOTORS |
June 23, 2023 | The Chinese car manufacturer Geely was included in the list of international sponsors of the war |
June 23, 2023 | The National Agency for the Prevention of Corruption (NACP) added the Chinese car manufacturer Geely to the list of international war sponsors |
June 05, 2023 | Sales of passenger cars are catching up with demand |
June 01, 2023 | https://китайские-автомобили.рф/2023/06/01/geely-vyvodit-dostupnuyu-versiyu-tugella/ |
May 11, 2023 | Geely chief defends Chinese car brand’s sales push in Russia |
March 21, 2023 | Geely Auto 2022 financial results published |
March 02, 2022 | Chinese Geely has suspended shipments of cars to dealers in Russia |
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Scanner