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
Luqiao District Luqiao District Luqiao District (; Tai-chow dialect: Lu-giao K'ü) is a district of Taizhou in Zhejiang Province, People's Republic of China. The district has an area of and a population of approximately 425,200. Luqiao District was established in 1994, having previously been a town under the administration of Huangyan County (present-day Huangyan District). Luqiao is the location of Taizhou Luqiao Airport and also is the headquarters of Taizhou Commercial Bank and Zhejiang Tailong Commercial Bank, making it the financial capital of Taizhou. Geely Car group originated from Luqiao and has a large manufacturing base here. Luqiao District is divided into