Geely A subsidiary of the group, Geely Auto, had its IPO on the Stock Exchange of Hong Kong in 2004. The company had a booth at the 2005 Frankfurt Motor Show, and a 2006 showing at the Detroit auto show. Geely approached Ford in mid-2008 about a possible takeover of Volvo Cars. On October 28, 2009, it was named as the preferred buyer of Volvo by the American automaker. A deal was reached in late March and completed in early August, 2010. In 2010, total sales of over 415,000 units gave the company a near 2% market share. Sales were lower
Geely MR Geely MR The Geely Merrie is a subcompact car produced by chinese automaker Geely Automobile from 2003 to 2009. The MR is produced in five-door hatchback (Merrie / 美日) and four-door sedan (Uliou / 优利欧) body styles. The MR is based on the Daihatsu Charade platform, which Geely licensed from Xiali. Its base underpinnings are also shared with the HQ/Haoqing and Rural/Urban Nanny. The MR was shown at the 2005 Frankfurt Motor Show along with four other Geely models. The Merrie is a five-door hatchback that looks like a sedan due to a short protruding trunk. It was introduced in