Chery and Geely to Launch Cars in Australia This Year
According to gasgoo.com, Chery will step into Australia in the upcoming months with the help of local distributor Ateco, while Geely will sell cars through Chinese Automotive Distributors.
Up until now, officials of the two companies haven't confirmed whether they intend to sell these cars in Australia under the same name or prepare other nameplates specifically for this market.
Geely's global expansion plans are also including Volvo, the Swedish unit that might be purchased as soon as this week. Voices familiar with the case are suggesting that Geely and Ford have already reached an agreement on most terms of the deal and there's only a matter of time until the two will step in front of the media and announce the deal. Geely and Ford signed a preliminary agreement in December 2009.