Articles Tagged with "Geely"

Geely grew 27% in 2010, failing to meet market expectations

Gasgoo.com (Shanghai March 25) - Geely Holding Group announced growth of 27 percent in automotive sales last year, the Guangzhou Daily reported today. Geely, which has recently acquired Volvo Cars, sold 415,000 vehicles in 2010, making a gross profit of 3.7 billion yuan ($564.9m), a growth of 45.6 percent. The figure was lower than market expectations, leading to a decrease in Geely's stock (0175.HK).

Mar. 29 , 2011