GEELY MAKES IT TO THE FORTUNE GLOBAL 500 FOR THE 7TH YEAR IN A ROW

Zhejiang Geely Holding Group (Geely Holding), China’s largest privately-owned automotive technology company and the makers of Geely and Volvo cars, rose 76 places in the 2018 Fortune Global 500 to 267th after revenues last year reached US$ 41.1 billion.

The ranking marks the seventh consecutive year that the Group has featured in the Fortune Global 500. Geely Holding achieved extremely strong results in 2017 due to record sales at the Group’s core subsidiaries, namely, Geely Auto of China and Volvo Cars, the iconic Swedish automotive group. Geely Auto sold more than 1.24 million vehicles globally in 2017, a whopping 63% increase year-on-year.

During the first half of 2018, Geely Holding has continued to grow strongly.  In the six months to June 30, Geely Auto global sales reached 766,630 vehicles, a 45% year-on-year increase.

In the past year, Geely Holding has also completed several acquisitions which has expanded the Group’s global presence as part of its transformation from traditional automaker to a technology-driven mobility services group. In the last year, the group completed the acquisition of Terrafugia, the US flying car company, as well as a 51% controlling stake in Lotus, the iconic British sports car brand, and 49.9% stake of Proton, the Malaysian car maker. The Group also made strategic investments in Saxo Bank of Denmark, in AB Volvo, the Swedish commercial vehicles group, and became the largest shareholder in Daimler AG, the German automotive group.

During the past year, the Group increased its presence in new energy systems and technologies. Geely Auto unveiled its new flagship hybrid sedan, the Bo Rui GE. It also released several new energy models with ranges up to 450km on a single charge, and made a pledge that by 2020, it will offer at least 30 new energy models.

A spokesperson of Towell Auto Centre (TAC), the sole distributor of Geely vehicles in Oman, said, “We are proud that Geely has made it to the Fortune Global 500 for the seventh year in a row which speaks volumes about this fast-growing automotive brand worldwide. We invite customers in Oman to ‘Explore the New World with Geely’ with its new styling, thanks to ex-Volvo design chief Peter Horbury coming onboard, C-NCAP five-star safety standard, AAA 24 hours roadside assistance, prompt after-sales service, 97% parts availability and more. Geely packs in more features at amazing prices. Since Geely has taken over Volvo, Terrafugia flying cars, Lotus racing cars, London Taxi Company and Proton, customers can rest assured they have the best technology and innovations offered to them.”

With a network of 9 showrooms, 12 service outlets, 11 parts outlets and 97% parts availability spread across the Sultanate of Oman, Towell Auto Centre (TAC) is one of the leading automobile distributors in Oman.

GEELY DESIGN PRESENTS VISION FOR THE FUTURE WITH ‘MOBILITY 2100’ EXHIBITION IN PARIS

11 June 2018: Muscat, Oman: Geely Design welcomed the arrival of six Emgrand X7 Sport SUVs in Paris with a special event of art and design in one of Europe’s most creative and cultural cities. The SUVs embarked on a journey from China to the UK to celebrate 500,000 sales.

Geely Auto had recently delivered its 500,000th Emgrand X7 Sport, revealing that in just 25 months since its launch, more than half a million customers are now the proud owners of this brand’s flagship SUV. Following this milestone, Geely embarked on a trip covering 18,000 km that commenced from Xi’an in central China and will culminate in Goodwood on the UK’s south coast, in an epic drive that will last four weeks. Paris marks the third official stop on this epic drive, the first being Moscow, followed by Hamburg and Paris.

To mark the team’s arrival in Paris, Executive Vice President of Geely Design, Peter Horbury, along with two representatives from his Shanghai studio – senior interior expert, Justin Scully (from Wales), and exterior design director, Brandon Pan (from China) – hosted an evening entitled: Where East and West Meet in Art & Design – A Vision for Mobility in 2100. The Geely car designers were joined by French artists Ben Gaudard and Julia Creac’h, and Chinese-American artist, Yaya Chang to exhibit their vision of mobility in the year 2100.

Speaking on the occasion, Peter Horbury said, “It is wholly appropriate that we are here in Europe’s artistic capital working together with artists and car designers from the East and West to envision what the future of mobility might look like. I am very excited about the results, and what we have done for the Geely Design compositions is to envision multi-layered mobility in the next century, blending the legacy and the future. We look at how humans and mobility will interact and even have a guess at what our destinations might look like as well. As a designer, I can say absolutely and confidently that envisioning the future is about as exciting and interesting a job as there is.”

A spokesperson of Towell Auto Centre (TAC), the sole distributor of Geely cars in Oman, said, “We are proud of the Geely milestone of selling 500,000 units of Emgrand X7 Sport worldwide. We invite customers to ‘Explore the New World with Geely’ with its new styling, thanks to ex-Volvo design chief Peter Horbury coming onboard, C-NCAP five-star safety standard, AAA 24 hours roadside assistance, prompt after-sales service, 97% parts availability and more. Geely packs in more features at amazing prices. Since Geely has taken over Volvo, Terrafugia flying cars, Lotus racing cars, London Taxi Company and Proton, customers can rest assured they have the best technology and innovations offered to them. Moreover, Geely also launched its first electric car Polestar 1, recently. For customers, Ramadan is the best time to buy a Geely with amazing Cash Gift offers and join the happy family of over 6000 customers in Oman added in the last six years alone.”

With a network of 9 showrooms, 12 service outlets, 11 parts outlets and 97% parts availability spread across the Sultanate of Oman, Towell Auto Centre (TAC) is one of the leading automobile distributors in Oman.