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Zhejiang Geely Holding Group said on Friday it purchased a 7.6% stake in British luxury automaker Aston Martin. The deal value was not revealed. The stake is valued at 7.55
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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
German vehicle manufacturer Daimler AG is discussing China’s Geely Holding Group to start a joint venture to offer ride-hailing and car-sharing services in China, Bloomberg reported, mentioning sources. The 50:50
Daimler has declined an offer from China’s Geely to take a stake of approximately 5 percent by means of a discounted share placement, as the German automaker has long hesitated
Geely Holding Group and its Volvo Cars unit are thinking about making Lynk & Co branded automobiles at Volvo plants in Belgium and the United States state of South Carolina,
U.S. automakers are dealing with increasing pressure amid sluggish demand in the country, as Asian and European auto companies strongly increase vehicle production in North America, including a recent investment
Volvo Cars displayed its first compact SUV on Thursday with the launch of its brand-new XC40 model, the newest in a sweeping overhaul of the automaker’s line-up under Geely Holding
The motor industry presently seems fixated on bringing driverless vehicles to roads, however some are looking things beyond that to a point where vehicles might be able to do without
Most of you would already be aware of the fact that Geely is Volvo’s new owner and they have already let it known that they intend to produce some of
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