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 CK Geely had planned to begin selling the model in Puerto Rico in 2007 on the way to beginning sales in Mainland America the next year. However, since Geely failed the IIHS and NHTSA safety tests, plans are currently halted. The CK was also shown at the Frankfurt Motor Show in 2005 along with four other Geely models. At least 1,500 Geely CKs were shipped to Cuba in 2009, where they would replace some of the many Lada 2105s used by government officials and police. The car is thus becoming a common sight in Cuba. Displacing the old Russian-made Ladas, it