Geely PH price to increase soon due to DTI’s safeguard tariff

Updated Feb 05, 2021 | Same topic: Latest Consumer Reports

Its current model lineup could become Php 70,000 more expensive.

Here’s a heads-up for fans and potential customers of Geely vehicles. Sojitz G Auto Philippines (SGAP), Geely’s authorized distributor in the Philippines, has announced a price increase on its existing offerings.

Geely PH model lineup

Prices for Geely's Philippine lineup might see a slight increase once new stocks arrive

The price hike comes in the wake of moves by the Department of Trade and Industry (DTI) to impose safeguard tariffs on imported vehicles. A Customs Memorandum Order (CMO) has been issued by the Bureau of Customs (BoC) to this effect.

According to SGAP President and CEO Mikihisa Takayama, the existing stocks of Geely vehicles will not be affected, as the higher sticker price will only be applied to new vehicle shipments starting February.

“Our customers can still enjoy the current prices since we, the distributor, and our dealers still have enough inventory,” he said.

Geely Coolray

Geely Coolray subcompact crossover

Geely’s current lineup in the Philippine market comprises the Coolray subcompact, Azkarra compact, and Okavango midsize crossovers, all classified under AHTN Code 8703 (passenger cars). As defined by Republic Act 8800 or the Safeguard Measures Act, each unit will have a cash bond of Php 70,000 imposed.

For light commercial vehicles classified under AHTN Codes 8704.21.19 and 8704.21.29, the bond is placed at Php 110,000 per unit.

Geely Azkarra

Geely Azkarra compact crossover

These safeguard tariffs were the DTI’s response to a petition by the Philippine Metalworkers’ Alliance (PMA), which seeks to protect local vehicle assembly operations following the influx of imported models.

The fee will be valid for 200 days from the date the CMO was issued, while the Tariff Commission conducts a formal investigation.

Takayama expressed disappointment at the timing of the order, just when the local automotive industry is expected to bounce back from 2020’s slow sales due to the pandemic.

“In spite of this, SGAP is still optimistic that the auto sales for this year will make a rebound. We also hope that the market can adjust to the new higher prices this policy will bring,” he adds.

>>> Related: Geely launches world’s first open-source electric vehicle architecture

Geely Okavango

Geely Okavango midsize crossover

The CMO could mean that new shipments of the Coolray, Azkarra, and Okavango will be Php 70,000 more expensive than current stocks, although prices have not been finalized.

As this might also be the case for Geely’s upcoming addition to its Philippine lineup, which is slated for an April launch, now is as good a time as any to buy a Geely before the new prices take effect.

More updates on mainstream and upcoming car brands at Philkotse.com.

Know more about Geely Coolray 2024

Geely Coolray

The Geely Coolray 2024 is a subcompact crossover. In the local market, this model has three variants with a price ranging from Php 1,083,000 to Php 1,299,000.

Under the hood of the Coolray is a 1.5-liter inline-3 turbocharged gasoline engine capable of making up to 177 horsepower and 255 Nm of torque. It is then linked to a seven-speed wet-type dual-clutch gearbox sending power to its front wheels.  

Size-wise, the Coolray is 4,330mm long, 1,800mm wide, and 1,609mm in height. It also has a wheelbase length of 2,600mm.  

Locally, the Coolray competes against the likes of the Toyota Raize, Nissan Kicks, Hyundai Creta, Kia Seltos, Mazda CX-3, Honda HR-V, Chevrolet Tracker, MG ZS, among others.  

Better Crossover: Geely Coolray or Changan CS35 Plus? - Philkotse Comparison Review

>>> New and used Geely Coolray 2024 for sale in the Philippines

Geely Coolray Launch

Launched in September 2019, the Geely Coolray was introduced with three variants: the Comfort Turbo, the Premium Turbo, and the Sport Turbo. In 2022, Geely Philippines axed the Sport variant.  

A special edition version was available for a time. But when the marque updated the model into the Coolray for 2024, the SE variants including the SE Sport trim made a return.

Geely Coolray Exterior

Depending on the variant, the Coolray is equipped with a power liftgate, LED lighting, power-folding side mirrors, and a sporty-looking roof-mounted spoiler. Other trims come standard with halogen lighting, projector halogen headlamps, and a manual liftgate. All come kitted out with LED daytime running lights.  

The top-spec SE Sport and the mid-spec SE Premium then ride on a set of 18-inch alloy wheels. The entry-level SE Comfort meanwhile gets a smaller 17-inch set. 

Geely Coolray Interior

Step inside the Coolray and you’ll find a cabin that can comfortably accommodate five occupants. It also has a default cargo volume of 330 liters.  

On the top-spec SE Sport model, it gets power-adjustable seating, a leather steering wheel, and a single-zone automatic air-conditioning system. Standard on all variants is a 60:40 split folding rear seat.

Technology & Safety Features

Handling the entertainment needs of the Coolray's occupants is a 10.25-inch touchscreen headunit. For connectivity, it uses QD Link. The said touchscreen is then connected to a six-piece speaker system.

Available as standard to the Coolray is an array of safety features. These include anti-lock braking, traction control, stability control, and hill-descent control. The higher-spec models add on to those with a reverse and blind spot monitor, while the top-spec SE Sport gets a 360-degree view monitor.

Both the SE Premium and SE Sport also come with Smart Keyless Entry and tire pressure monitoring. Only the SE Sport comes with an active park assist system.

Standard on all Coolray variants are dual front airbags. The SE Premium and SE Sport meanwhile get additional side airbags, while only the SE Sport comes with curtain airbags. 

Geely Coolray Platform & Chassis

The 2024 Geely Coolray uses the Geely B-Segment Modular Architecture Platform which it shares with the Emgrand sedan, and other cars sold by Geely and its subsidiaries worldwide.  

For suspensions, it uses a MacPherson strut for the front and a torsion beam suspension for the rear. Braking is then handled by a ventilated front disc brake and a solid rear disc brake. All trims also come with an electronic parking brake with an auto-hold function. 

Engine & Drivetrain

The 2024 Geely Coolray uses a 1.5-liter inline-3 turbocharged gasoline engine paired with a seven-speed wet-type dual-clutch gearbox. At maximum, it can produce up to 177 horsepower and 255Nm of torque. 

Geely Coolray 2024 Price List

Let's check out the Geely Coolray 2024 price in September in the Philippines.

 Variants  Price
Geely Coolray 1.5 Comfort Turbo SE ₱1,083,000
Geely Coolray 1.5 Premium Turbo SE ₱1,218,000
Geely Coolray 1.5 Sport Turbo SE ₱1,299,000

Geely Coolray FAQs

1. What type of car is the Geely Coolray?

The Geely Coolray is classified as a subcompact crossover.

2. When did the Geely Coolray arrive in the Philippines?

The Coolray entered the Philippine automotive market in September 2019.

3. Is the Geely Coolray fuel efficient?

According to Philkotse's test drive, the Coolray's fuel consumption averages from 14.6 - 16.4 km/l with normal driving conditions.

4. Which the Geely Coolray is best?

If you want the brilliant conversation starter and/or if you actually have trouble with parking then get the Coolray Sport. If you really want to enjoy a vehicle with less electronic knick-knacks, then get the Coolray Comfort.

 

₱ 1,083,000 - ₱ 1,299,000

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Joseph Paolo Estabillo

Joseph Paolo Estabillo

Author

Joseph holds a degree in Journalism from the University of the Philippines Diliman and has been writing professionally since 1999. He has written episodes for CNN Philippines' motoring show Drive, and has worked on corporate projects for MG Philippines and Pilipinas Shell. Aside from being Philkotse.com’s Content Lead, he also writes content for numerous car dealerships in the U.S., spanning multiple brands such as Alfa Romeo, Chrysler, Dodge, Jeep, and Maserati, among others.

Facebook: https://www.facebook.com/kapatilya

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