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Chinese automaker Geely to launch "Panda" by August next year
Shanghai. November 30 (Gasgoo.com) – China's largest private carmaker Geely Automobile plans to launch a mini-car with its front part resembling a giant panda, the national emblem for China, by August next year, said a company official.
"Geely will launch a model that looks like a giant panda in appearance and that may be the first model to carry our new logo," said Geely's vice president Wang Ziliang.
The model under the codename Lc-1 will be equipped with Geely's self-developed engine and it offers two-door or four-door options. Earlier this month the company just launched its new logo designed by a college student.
In the first ten months of the year, Geely sold 149,843 vehicles, up 12.4 percent from one year earlier. The automaker said on Monday it aims to sell 20,000 vehicles this year and 40,000 vehicles by 2008.
Geely Lc-1
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