(AFX UK Focus) 2009-01-05 06:54 Geely aims for 25 pct car sales growth in ‘09, no layoffs (Interactive Investor)

SHANGHAI, Nov 7 (Reuters) - Chinese car maker Geely Automobile Holdings Ltd aims to grow its car sales by 25 percent in 2009 despite a slowdown of the overall market. Geely will also try to avoid any layoffs or suspend important projects this year, it said in a statement, without elaborating. In the statement, Geely did not say how many cars it sold in 2008, but said its domestic auto sales grew …

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