Geely has decided upon a new logo and announced the winner of its logo design contest. The winner received a gold medal and a hefty cash prize of 2million Yuan (that's nearly $270,000).

The winner, Yue Xian De beat 27,000 others in the competition for creation of the new logo. Critics have not been much impressed by the logo and unkind remarks are doing rounds on the web.
[Source: WorldCarFans]