Geely Auto Officially Enters Brazilian Market with Emgrand EC7 KCTV5

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Geely Emgrand KC Electric Cars

Geely Auto Officially Brazilian Market with EC7 — KCTV5

Geely Officially Enters Brazilian with Emgrand EC7

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SOURCE Zhejiang Geely Group

SAO PAULO, Brazil. 23, 2014 /PRNewswire/ — Automobile Holdings Ltd. Auto or the Company) today that it has officially entered the market with the launch of its model, the Emgrand EC7. The has also appointed the Gandini a leading international dealer as its exclusive dealer nationally to the Company s expansion in Brazil .

The EC7 s excellent driving performance and functionality have made it the popular Geely Auto with sales in 20 countries and across the world. In November it was awarded a 4-star safety from Euro-NCAP, making it the Chinese automotive model to a high-star European safety

Geely Auto s products for the market will be assembled in with parts of the manufacturing including welding and painting, in China. Geely Auto partner with Nordex, a specialist auto assembly in Uruguay. whose facility has the to produce 20,000 units of Geely models: the EC7, the the GC2 and the GX2. The partnership is expected to create over 300 jobs and as as 900 jobs indirectly in Uruguay.

The products assembled in the Uruguayan will principally serve the and Argentinian markets, in accordance the South American Common Agreement.

Geely Auto regards as an important market in its global and partnered with the Gandini in August 2011 to establish Motors do Brasil LtDa. the aim of gaining greater local ahead of its arrival in the market. In Geely Auto intends to by selling the manual-transmission Emgrand EC7 and the Panda GC2, before other models. The Company plans to introduce more to the Brazilian market by constructing a assembly plant.

About Geely Automobile Limited:

Geely Automobile Limited (SEHK: 175) is an manufacturer, focusing on the development, and sale of passenger vehicles. The sells most of its products in the market and has also expanded its through export to other countries. The Company sells 10 major sedan models, are powered by its self-developed1.0L-2.4L petrol

2012 PR Newswire. All Rights

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