Geely gaining momentum in auto market

Geely Automobile Holdings Ltd has become the third-largest carmaker in China, trailing only Volkswagen AG and General Motors Co in the world's largest vehicle market.

The ranking came after the Hong Kong-listed carmaker delivered 766,630 vehicles in the first half of the year, beating Nissan Motor Co's 720,447. Nissan has been the best-selling Japanese brand in China in recent years.

Geely's market share increased to 6.4 percent in the first half of this year, from 5 percent in 2017.