 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
Shanghai (AFP) Dec 7, 2010 China's Geely Automobile Holdings, the new owner of Swedish car maker Volvo, will start selling vehicles on China's largest retail website Taobao later this month. The online store, which was opened Monday for customer browsing, will initially offer the Geely Gleagle Panda compact car, and then gradually be expanded, Taobao said in a statement. Sales will begin on December 22. China has the world's largest online population, with at least 420 million Internet users. It also took over the title of the world's top auto market from the United States last year, and the nation's auto sales in 2010 are forecast to reach 17 million units -- an increase of about 25 percent year-on-year. Geely is the first carmaker to create an online dealership on Taobao, the Chinese e-commerce giant said. The car company also has plans to offer models that will only be available online, it added. Consumers must put down a deposit of 288 yuan (43 dollars) online and then visit the nearest Geely showroom to test-drive the car and confirm the purchase, according to the statement. Geely bought Sweden's Volvo from US auto giant Ford for 1.5 billion dollars in August, less than a quarter of what Ford paid for the company in 1999. It has said it wants to expand Volvo's presence in China and other emerging markets, but Volvo was not immediately part of its Taobao initiative.
Share This Article With Planet Earth
Related Links Car Technology at SpaceMart.com
Can Lima unclog its traffic nightmare?Lima (AFP) Dec 3, 2010 Lima's main arteries conjure up a nightmare of traffic snarls and blaring noise for eight million inhabitants of one of Latin America's most clogged, transport-deficient capitals. "Get off! Get on!" bark the bus conductors, known as cobradores, as they chivvy those navigating the capital on a vast fleet of colorful minibuses criss-crossing the city, horns honking. Stuck in the middle of ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook
