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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Geely Holding Group
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 …
- DaimlerGeely
Daimler declines Geely offer to buy stake but Geely is still positive
by SpeedLuxby SpeedLuxDaimler 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 …
- GeelyVolvo
Geely-Volvo planning to make Lynk & Co cars in Belgium, South Carolina
by SpeedLuxby SpeedLuxGeely 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 …
- EuropeanVolvo
All Volvo cars made in China will be sold only in China – Geely, Volvo’s new owners
by Alex Patrickby Alex PatrickMost 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 …
