Geely Automobile: British Lotus luxury model production at new plant-sales volume, 1st place in Chinese group

Overseas automakers’ entry status in Wuhan

1992 Jinlong Motor (a joint venture of Dongfeng Motor and France Peugeot Citroen) established

2003 Dongfeng Honda (a joint venture of Dongfeng Motor and Honda) established

2015 Shanghai GM (joint venture of Shanghai Automobile and US GM) Wuhan advance

2016 Dongfeng Renault (joint company of Dongfeng Motor and France Renault) established

2019 Dongfeng Nissan begins construction of new Wuhan plant

2019 Geely Automobile starts construction of Wuhan new plant, manufactures a model of British Lotus

(Source) Created JETRO based on Changjiang Daily News Articles and their websites

Geely Automobile: British Lotus luxury model production at new plant-sales volume, 1st place in Chinese group

Geely Automobile:

2010: Volvo, a major Swedish car maker, is under the umbrella

2017: Takes over Malaysian Proton and British Lotus

In addition, the company plans to produce a high-end model of Lotus (under the control of Zhejiang Geely Holding Group).

Fast growth in car sales:

Zhejiang Geely Holding Group brand in 2018: 2.15 million vehicles sold (double growth in four years)

Geely Automobile’s single brand: Car sales are 1.5 million units.

It ranks first among Chinese local manufacturers.

Wuhan: Largest foreign brand car production city

In Wuhan city,

French Peugeot Citroen and Renault,

Japan’s Honda and Nissan,

GM has established a production base (see table).

-JETRO

https://www.jetro.go.jp/biznews/2019/04/bbdb127b33404192.html