Geely Automotive Holdings (GELYF)

[I Like Bottom Fishing]

GELYY News Geely Automobile Unveils CVT Emgrand EC7

Tuesday, September 21, 2010 8:50 AM

Scottrade.com
This email is compliments of Scottrade.com

News for 'GELYY' - (Geely Automobile Unveils CVT Emgrand EC7)

http://202.155.223.21/~geelmhk1/en/index.html

http://www.barchart.com/detailedquote/stocks/GELYF

http://finance.yahoo.com/q?s=GELYF.PK

http://www.knobias.com/individual/public/quote.htm?ticker=GELYF

http://www.otcmarkets.com/stock/GELYF/company-info

http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=GELYF&selected=GELYF

CHENGDU, Sep 21, 2010 (SinoCast Daily Business Beat via COMTEX) -- Geely
Automobile Holdings Ltd. (SEHK: 0175) just released the CVT (continuosusly
variable transmission) version of its Emgrand EC7 series at the one-week Chengdu
Motor Show (CDMS).

After hitting the market about one year ago, the Emgrand EC718 has found itself
still in short supply because of the limited production capacity. Its total
sales volume has surpassed 50,000 cars since its launch, and its monthly sales
volume is now stably above 6,000 ones.

The CVT version is deemed to further enrich the Emgrand EC7 product mix.
Moreover, an all-new factory in Cixi, Zhejiang Province, east China, is
scheduled to start production at the end of 2010, rapidly lifting the
automaker's production capacity.

In the first eight months of this year, Geely Automobile sold more than 240,000
vehicles with a growth of 30 percent year on year.

In August alone, the automaker sold 6,258 Free Cruisers, 5,188 Geely Kingkongs
and 6194 Geely Emgrands, each rising by more than 20 percent from the previous
month on average. But it sold only 2619 Geely Visions, marking a slight fall
month on month, said earlier reports.

Source: http://www.cs.com.cn (September 21, 2010)

Geely Holding Group

http://www.geely.com
Shanghai Maple Automobile

http://www.c-sma.com
Beijing Geely University

http://www.bgeelyu.com
Hong Kong Exchanges and Clearing Limited

http://www.hkex.com.hk
China Association of Automobile Manufacturers

http://www.caam.org.cn
Manganese Bronze Holdings plc

http://www.manganese.com

Copyright 2008 SinoCast Daily Business Beat. All rights reserved

-0-

KEYWORD: CHENGDU

INDUSTRY KEYWORD: Transportation & automobile

SUBJECT CODE: Automobiles

Automobile Dealing

SinoCast China Business Daily news

CVT

Emgrand EC7

sales

production capacity

factory

auotmaker

Source: Comtex Wall Street News