/ Archive by category / Geely

Browse Geely articles

Volvo’s parent Geely dives after profit slowdown is announced


Geely Automobile Holdings Ltd., led by Chinese billionaire Li Shufu and the parent company of Sweden’s Volvo Cars, had a rough time on the Hong Kong stock exchange. The company’s shares took a steep fall after the company forecasted its full-year net income could plunge as much as 50% due to the crumbling Russian currency and the continued slump in demand ...
Read more

related more
spacer
spacer

More Geely articles

China: Volvo’s owner starts restructuring process for core Geely brand
Chinese billionaire Li Shufu, which back in 2010 bought Volvo from Ford and then orchestrated the Swedish brand’s five-year renewal, has decided it was now time to focus on the ...
European designer tasked to build team and style for China’s Geely
Peter Horbury, a designer that has previously worked with Volvo and Ford is now facing an interesting and difficult challenge: to create a styling team and a design language for ...
China: Geely’s first half profit dips 20%
Geely Automobile Holdings Ltd, one of the major domestic carmakers in China, announced its six months profit dropped 20%, disrupted by a sales slump at home as major foreign brands ...
Geely wants Volvo to make a dent in China’s luxury sales
Li Shufu, the billionaire chairman of one of China’s most successful companies, Geely – now the owner of Scandinavia’s Volvo – sees the European brand ready to catch up with ...
Geely says it’s happy with Volvo’s management
China's Zhejiang Geely Holding Group Co. dismissed concerns that it's unhappy with the direction of its Swedish car-making unit Volvo Cars. The comments came after Friday in a report Reuters said ...
Volvo and Geely open new R&D Centre
Not so long ago, Geely announced it would use in the future technology and car platforms developed by Volvo for its own products, and now a new step towards that ...
After releasing the Volvo jointly developed models, Geely targets U.S. and Europe exports in 2016
We reported earlier this week that Geely Automobile Holdings Ltd, now parent of Volvo Cars intends to profit from its acquisition by developing with the Swedish automaker new models for ...
Geely will offer in 2015 models jointly developed with Volvo
Geely Automobile Holdings Ltd. has bought Volvo Cars in 2010 and will now bear the fruits of the acquisition, delivering jointly developed cars from 2015 in order to compete on ...
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 ...



latest automotive news
2016 CT6 Cadillac gets streaming rearview technology
The streaming video rearview technology will expand the driver’s vision in the upcoming 2016 CT6, eliminating any rear seat, rear ...
US: Ally gets out of 6 years bailout
Ally Financial Inc. stated that it would finally resolve its bailout after the U.S. government will sell the last $1.25 ...
Daimler puts aside €600 million for EU antitrust investigation
The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyer
AvtoVAZ and the Renault-Nissan alliance will come together in terms of purchasing activities in Russia. The merged unit will now ...
Report – Volkswagen will meet its 2017 cost-cutting goal
Volkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor ...
F1 to have new engine rules in 2016 – report
Dec.19 (GMM/Inautonews.com) F1 is now speeding towards yet another new set of engine regulations. On Thursday at a Geneva meeting ...
GM and Jaguar Land Rover stopped deliveries to Russia
In response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop ...
Uber wants to patent its gouging prices
While critics accuse Uber of price gouging over the high fees asked in Sydney for the people who were fleeing ...
Ford closes Genk Plant in Belgium
With a production of around 14 million cars over the past 50 years, Ford shut the doors of its plant ...
Price of U.S. gas reaches under $2.50 a gallon
U.S. drivers are paying less than 2.50 dollars a gallon at the gasoline pump for the first time in more ...
Toyota will invest $126M to expand powertrain operations
Toyota announced today that it will invest $126 million in the expansion of its powertrain operations in Ann Arbor and ...
Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan ...
Mazda readies seven tuned cars for its home Tokyo Auto Salon
The Japanese automaker has prepared seven tuned models, all of them scheduled to make their official public debut during the ...
Audi tells us that Q7’s 3D sound systems are the best around
The German automaker, the second largest premium auto manufacturer in the world, keeps giving us more details about its second-generation ...
[Video] Winner of the Land Rover challenge survives an encounter with the wild thanks to Bear Grylls
It’s impossible for a modern day human to not have at least heard of the formal Special Forces turned wilderness ...
[Video] Chevrolet continues to tease us with the 2016 Volt’s first interior footage
Mark Reuss is that very lucky guy to be able to test-drive any GM car before it’s launched. His latest ...
US: Hyundai to premiere new infotainment system during CES
We said it countless times before, and here’s another example that supports our opinion: automakers are increasingly using technology fares ...