AUTOSHOW-Geely sees 2010 sales growth of 20-30 pct
GUANGZHOU |
GUANGZHOU Nov 23 (Reuters) - Geely Automobile Holdings (0175.HK), whose parent has been named by Ford (F.N) as the preferred bidder for Volvo cars, sees sales growth of 20-30 percent next year even without government stimulus, an executive said on Monday.
Jinliang Lau, vice president of Geely's parent firm, made the comments at the Guangzhou autoshow. He added that sales growth would be higher if the government continued to come up with incentives.
Last month, Geely was named by Ford Motor (F.N) as the preferred bidder for its Volvo car unit. (Reporting by Fang Yan; Editing by Jonathan Hopfner) ((yan.fang@thomsonreuters.com; Reuters Messaging: yan.fang.reuters.com@reuters.net; +86 21 6104 1793)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))
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