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Geely enters Fortune Global 500 list
Automotive News China | 2012/7/17

Zhejiang Geely Holding Group Co., which acquired Volvo Car Corp. in 2010, has been ranked for the first time on the Fortune Global 500 list.

The list compiled by the Fortune magazine ranks businesses worldwide according to their annual revenue.

With sales of $23.4 billion (149.5 billion yuan), Geely ranked 475th on the list for 2011, according to Fortune.

Four Chinese automakers made the list.

SAIC Motor Corp. ranked 130th with sales of $67.3 billion; Dongfeng Motor Corp. ranked 142 with sales of $62.9 billion; and China FAW Group Corp. ranked 165th with sales of $57.0 billion.


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