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Chapters: Geely Vehicles, Geely Automobile, Geely Ck, Geely Mr, Geely Bl, Geely Hq, Shanghai Maple Guorun Automobile, Geely Cd, Geely Pu. Source: Wikipedia. Pages: 28. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Geely Automobile (simplified Chinese: ; traditional Chinese: ; pinyin: Jílì Qìch) (SEHK: 0175) is a Chinese automaker and is the first independent and largest private automobile manufacturer in the People's Republic of China. The parent company is Geely Holding Group (simplified Chinese: ; traditional Chinese: ; pinyin: Jílì Kòngg Jítuán), which began manufacturing in 1986 in Taizhou in Zhejiang province. In 2009, Geely announced that it was close to an agreement to acquire Volvo Cars from Ford Motor Company. Geely signed a deal with Ford to acquire Volvo Cars for $1.8 billion on March 28, 2010 and is expected to close the deal by the third quarter of 2010. Geely (Jílì, meaning "auspicious, lucky") started in 1986 as a manufacturer of refrigerators, then moved to manufacturing decoration materials in 1989, and by 1992, motorcycle parts. In 1994, Geely began manufacturing motorcycles. By 1996, Geely had produced over 200,000 motorcycles and scooters. Automobile production started in 1998. Geely began exporting its first cars in 2003. Geely had its IPO on the Hong Kong Stock Exchange in 2004. Geely's chairman and founder, Li Shufu, wants to sell two-thirds of the company's output overseas, though he is noncommitted as to when that could happen. In a March 2005 forum held in Beijing, he was quoted as saying: We must make cars as people from Wenzhou make lighters. But developing a car industry is like growing one tree slowly to cover a whole forest.Li relinquished the CEO title to Yue Guisheng in February 2006 to comply with Hong Kong Stock Exchange regulations. He remains chairman...More: http://booksllc.net/?id=880702