Geely shines in Ukraine
62% growth in first half of 2012 , 3rd ranking of sales in July

Subsequent to the fruit that more than 10,000 cars were exported in June, Geely once again scored a high mark in the following month, with 10,235 cars shipped overseas. Of all Geely’s international markets, Ukraine is worthy to be crowned.

At the first half of this year, 9.58% growth was generated in the Ukrainian auto market comparing to the same period last year. Nonetheless, Geely’s sales growth for the first six months of this year in Ukraine amazingly stands at 62.46%, which greatly dwarfs Ukrainian auto market increment rate. With the outstanding performance and strong competitive edge, Geely now overshadows its Chinese counterparts (Chery, Great Wall, JAC, Lifan etc.) and ranks No.1 in this market. By August 15th, Geely has already shipped more than 7,400 cars to Ukraine and around 12,000 cars in total are expected to be exported to this East European country in 2012. Last month, Geely’s 7.46% market share in Ukrainian Passenger Car Market has made itself rank 3rd among all car brands in Ukraine, which also signifies that Geely was only outdone by Hyundai and the Ukrainian local brand ZAZ. Unexpectedly, this brand from China has defeated many international names in the tug-of-war, such as Toyota, Volkswagen, and Ford etc.


(Ukrainian Passenger Car Market)

By July this year, Geely has sold over 40,000 cars in Ukraine since January 2007 and already become an important player which cannot be neglected in the local market.

At the first seven months of 2012, Geely’s accumulative exportation has already reached 48,944 cars, which gained 212% growth comparing to the same period last year. In terms of the overseas markets, Geely has already made itself on the fast track and as a result, the exportation goal of exceeding 80,000 cars this year in its international market would be very likely.

Background Information
1. About Geely

  1. Zhejiang Geely Holding Group, founded in 1986 and headquartered in Hangzhou, Zhejiang Province, China, is a private enterprise which specializes in the field of car R&D, manufacture, sales and service. The group operates ‘Volvo cars’ and ‘Geely’ cars as its main business (The group acquired the Volvo Cars’ 100% stock from Swedish government in 2010). On the ranking list of ‘The Fortune Global 500 of 2012’ issued last month, Zhejiang Geely Holding Group, with revenue of USD 23.3557 billion earned in 2011, is included in the list and ranks the position of 475.

2. Milestones of Geely in Ukraine

    • In January 2007, the first batch of Geely cars was exported to Ukraine. Two months later, Geely CK model rolled off the assembly line in Ukraine and were officially launched. 6,800 cars were sold that year in this market.
    • In 2008, Geely shipped more than 14,000 cars to Ukraine, which made 107% growth comparing to 2007.
    • In 2009 and 2010, due to the global credit crisis and its aftermath, a decline occurred in Geely’s exportation to Ukraine. However, Geely was the then only Chinese car brand which still ship cars to Ukraine and remain its sales there during the two years.
    • In 2011, Geely’s exportation to Ukraine topped 7,500 cars, which made itself No.1 among all Chinese car brands there. On July 20th, the first sedan EC7 of Geely Emgrand was officially launched in Ukraine and this model is now considered as, in terms of quality, the only Chinese car which is able to challenge Korean cars, the best player in the market. 
 
 

 

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