Sojitz Establishes Import Distributorship for GEELY-brand Vehicles in the Philippines
Jul. 8, 2019
Sojitz Corporation (“Sojitz”) has acquired distributorship rights for Geely Auto in the Republic of the Philippines (“Philippines”), establishing Sojitz G Auto Philippines Corporation (“SGAP”) as a fully-owned subsidiary to import and sell GEELY-brand vehicles.
Geely Auto is China’s largest privately-owned automotive manufacturer. Its parent company, Zhejiang Geely Holding Group (“Geely”), has acquired the Volvo, London Taxi, and Lotus brands in recent years, as well as acquiring stake in PROTON, the largest automobile manufacturer in Malaysia, and last year, it became the largest shareholder in Daimler , the corporation which owns Mercedes-Benz. Geely has established the Lynk & Co brand as a joint venture with Volvo Cars. Using the sophisticated technologies, production techniques, and high-quality components gained through collaboration with foreign brands, Geely Auto as a mobility solution provider is not only growing its business in China, but actively working to expand operations abroad.
Sojitz has been involved with the Philippines’ auto industry since the 1960s. Our company commands ample experience in automotive sales and knowledge of auto financing in the Philippines, and we operate automotive distributorships for a number of brands around the world. Through this new company, Sojitz will help introduce GEELY brand to the increasingly motorized Philippines market and contribute to the further advancement of the country’s automotive industry.
Company Overview - Sojitz G Auto Philippines Corporation
|Head Office||Quezon City|
|Representative Director||Mikihisa Takayama|
|Main Business||Importing, selling, and providing after sales service for GEELY-brand vehicles|
Company Overview – Geely Auto
|Head Office||1760 Jiangling Road, Binjiang District, Hangzhou, Zhejiang, China|
|Ownership||Zhejiang Geely Holding Group: 44％|
|Main Business||Manufacturing automobiles and automotive parts
（Major models: SUVs, passenger cars, MPV, EV/PHEV, etc.）