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Geely Automobile Holdings stated on Friday it raised HK$6.48 billion ($836 million) from a share placement as the Chinese automaker looks to refill its coffers to finance growth in the
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China’s Geely Holding will explore the possibility of deeper cooperation with German automaker Daimler AG, its Chairman Li Shufu stated on Friday. Geely built a 9.69% stake in Daimler in
Chinese automaker Geely Automobile Holdings on Monday stated 2020 may be one of the “most difficult years” in its history, as pressure emerging from the coronavirus crisis on production and sales is likely to
Chinese automaker Geely has started a service for customers to purchase cars online and get them delivered directly to their residences, as the coronavirus outbreak has urged buyers to avoid
Volvo Cars and its owner Geely Holding stated Monday they are thinking about combining their businesses to form a company that would speed up “financial and technological synergies between the
Mercedes-Benz is set to build smart-branded electric cars with Zhejiang Geely Holding Group in Xian, China from a base with a yearly capacity of around 150,000 vehicles, a senior official
China’s Geely Automobile Holding is discussing with Aston Martin management and investors regarding a stake in the luxury carmaker that it wants to take, according to a source knowledgeable about
Zhejiang Geely Holding Group and Mercedes-Benz on Wednesday stated they would each spend 2.7 billion yuan ($388.77 million) in a China-based venture to construct “premium and intelligent electrified” vehicles under
Daimler AG is close to the sale of a 50 percent stake in its small-car brand Smart to China’s Geely Automobile Holdings, the Financial Times stated on Tuesday, mentioning three
Zhejiang Geely Holding’s Chairman, Li Shufu, stated on Wednesday China’s automotive industry deals with restructuring and bankruptcies in the next three to five years as the industry modifies itself. Li
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