One car manufacturer based in China is poised to enter the British car market in 2012, according to discount car insurance experts.
Chinese manufacturer Geely has allied with Manganese Bronze Holdings, the iconic UK taxi manufacturer, to market and sell a five door hatchback and a four door saloon, which will both be available for sale for approximately £10,000. Potential motor car insurance policy holders and vehicle owners welcomed the news of a larger pool of cars to choose from which are priced more modestly, especially with the price of petrol and car insurance rates increasing at nearly breakneck speeds recently.
MBH, trading as Geely Auto UK, will not only distribute the cars, but will also be providing maintenance services and spare parts for the vehicles. MBH is already partnered with the Chinese firm, as it builds London black cabs in its Coventry location.
MBH and Geely’s relationship is continuing to grow with the announcement of this new agreement, according to John Russell, chief executive for MBH. Mr Russell also said that he was looking forward to not only establishing the business plan for the Geely UK launch, but also implementing it and carrying it through to fruition.
The new Geely Emgrand EC7, available with either a 1.5 litre or a 1.8 litre engine, will be in competition with other cars such as the Ford Focus and the Skoda Octavia. The car, which will come with a warranty for five years and 100,000 miles, will soon be joined by an additional car model a year for the five years following its late 2012 launch.