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Fisker Might Choose Geely as its Partner or Strategic Investor


According to anonymous sources Fisker might choose China’s Zhejiang Geely Holding Group as its partner or strategic investor. "The company has received detailed proposals from multiple parties in different continents which are now being evaluated by the company and its advisors," Fisker spokesman Roger Ormisher said in an email over the weekend. Currently, the troubled automaker Fisker, is weighing bids from two ...
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China’s car exports topped 1 million for the first time
China's vehicle exports exceeded 1 million units for the first time last year. According to the latest stats from China's Association of Automobile Manufacturers (CAAM), the country shipped overseas a total ...
Volvo discussing technology tie-ups with Geely brands
Volvo is considering a much deeper integration with its sister Geely brands from China, according to a report from Edmunds. The Swedish carmaker is one of several auto brands owned by ...
Zhejiang Geely reportedly bidding for London cab maker Manganese Bronze
Zhejiang Geely Holding Group has reportedly submitted a bid to by Manganeze Bronze Holdings, the company that makes London's black cabs. According to a Bloomberg report that quotes two people familiar ...
Geely gets Volvo’s approval to use three of its technologies
Zhejiang Geely Holding Group has signed a deal with Volvo Cars that allows the Chinese carmaker to use some technologies Volvo plans to phase out within two year. Geely announced on ...
Geely and Toyota Interested in Buying Aston Martin
After buying Volvo, Geely is interested in purchasing Aston Martin too, starting a competition with Toyota. Ford purchased Aston Martin in 1987 and then sold it to Investment Dar Inc, a ...
Volvo to cut production at its Ghent plant in Belgium from 2013
Volvo Car Corporation will cut production at its plant in Ghent, Belgium, and will not renew contracts for 300 staff from employment agencies as of 2013. Volvo, which was bought by ...
Volvo’s operating profit down 84 percent in H1
Volvo Cars Corporation announced on Wednesday that its operating profit fell 84 percent in the first half of 2012 compared to the same period last year. The Swedish carmaker owned by ...
China’s Geely Auto Sales Up 5.5% in May
Geely Automobile reported sales in May up 5.5% from the same period last year, to 32,817 units. From January to May sales were up 2.3% to 187,895 vehicles or 40.8% of ...
Old Volvo XC90 Taken by Geely
Volvo will replace the old 2002 XC90 model with a redesigned model in 2014, but the platform will b taken by Geely to launch a new high-end brand for China. Volvo’s ...



latest automotive news
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