Geely completes 2012 export goal ahead of schedule

Gasgoo.com (Shanghai November 8) - Geely has exported a total of 80,000 vehicles from January to October, the Beijing Times reported today. The figure, which is almost triple the amount Geely exported a year ago, signifies that the manufacturer has already fulfilled its export goal for the year two months ahead of schedule.

Geely originally announced an export goal of 600,000 units for this year. However, due to foreign interest in its new models, Geely's exports far exceeded its expectations. As a result, the manufacturer revised its 2012 export goal to 800,000 units a few months later.

According to Geely Holding Group Vice President and Geely International General Manager Zhang Lin, the manufacturer's total exports have jumped from just 18,000 units in 2009 to 38,000 last year. Geely models are sold in over 30 countries and regions worldwide.

In order to decrease costs and improve the marketability of its models, Geely has embarked on several ambitious localization projects. The manufacturer has already worked with local enterprises to establish knockdown factories in Egypt, Uruguay, Russia, Ethiopia, Ukraine, Iraq and Sri Lanka, as well as other nations.