Geely Has Invested 200 Million RMB yuan on Development of the North-western China Market

Gasgoo (Shanghai, August 25)—Geely Auto, one of leading automakers in China, has developed another nine dealers in the north-western China since August 22, 2016.

The company has invested about 200 million RMB yuan on development of new 4S stores. There have been 72 4S stores in the north-western China, which has been a major market for Geely. Sales in this market have been 30,000 units with a yearly rise of 22% from January to July this year, taking up a great slice of market shares.

Overall sale of Geely were 328,859 units, increasing by 17% year on year, in the first seven months in 2016. So far, dealers of Geely have been 690 of which 90% have been in the first-tier city.

The company aims at production and sales of two million units by the end of 2020, to become one of famous automakers globally, according to An Conghui, CEO of Geely. Improvement in building channels may booster development of sales Geely.