Geely reaches 2012 export target early

Zhejiang Geely Holding Group said on Thursday that it has achieved its whole-year target for vehicle export two months early, reporting year-on-year export growth of 190 percent in the first ten months.

The parent company of Swedish luxury car brand Volvo delivered more than 81,000 vehicles outside China during that period.

Its October exports set a record at 12,204 vehicles, representing 127 percent year-on-year growth.

The company, which delivered its products to more than 30 countries, expected to break the 100,000 vehicle barrier in exports this year.