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Geely sets up Xiangtan base for Vision production

Kelly From Gasgoo.com| November 07 , 2008 17:30 BJT

Geely sets up Xiangtan base for Vision production

Shanghai, November 7 (Gasgoo.com) Yesterday, Chinese car-maker Geely completed construction of its production base located in Xiangtan city, Hunan province. The new facility with an annual capacity of 100,000 will produce high-end Geely Vision, Beijing News said today.

Amid the global economic turmoil, big three American automakers and some domestic automakers are experiencing business slowdown and job cuts, but the privately-owned Chinese carmaker Geely is still stepping up its effort to extend production .

The Geely Xiangtan plant covers 373,520 squre meters, with an annual capacity of 100,000 vehicles. Geely vice president Liu Jinliang said the Xiangtan plant will focus on making all Vision-series as well as the production of models for overseas markets.

With Xiangtan factory put into production, Geely Ningbo plant has shifted from both making Vision and Free Cruiser to manufacturing Free Cruiser only.

Currently Geely owns four sedan production bases distributed in Linhai, Luqiao, Ningbo in Zhejiang province and Shanghai, with overall capacity reaching 300,000 units. Besides, the automaker also plans to have new factories in Jinan, Lanzhou and Chengdu.

Data released by Geely showed that Geely sales rose by 27% year on year to 130,000 units from January to August this year.

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