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 …
Geely
Daimler Chief Executive Dieter Zetsche on Wednesday stated the automaker is in talks about expanding its cooperation with China’s Geely, even as German politicians draw up ways to safeguard the …
China’s most high-profile and successful automaker worldwide, Geely, is forecasting flat sales for 2019, a sharp slowdown from last year as the country’s giant auto market is having a hard …
Li Shufu, the founder and main owner of China’s Geely, is not seeking impact over Daimler’s strategy through representation on its board after building up a stake of nearly 10 …
Chinese auto group Geely will boost its stake in Denmark’s Saxo Bank to 51.5 percent where as Finland’s Sampo Oyj will take a stake of 19.9 percent, Saxo stated on …
Lynk & Co may have just flaunted its first tech-laden car half a year earlier, however it’s already set for a follow-up … and after that some. The Geely-owned brand …
China’s Geely Automobile Holding, whose unlisted parent controls Volvo, on Wednesday stated net profit more than doubled in last year, the most significant increase in 8 years as sales of …
- Press Releases
Swatch CEO Nick Hayek says car battery certification 2-3 years away
by David Bondby David BondA Swatch-backed vehicle battery developed by research firm Belenos will take another 2 to 3 years to certify, Swatch CEO Nick Hayek stated in an interview with broadcaster SRF on …
- Geely
Geely’s Lynk plans 2019 US and Europe car launch, watches over Trump border tax
by David Bondby David BondGeely Auto Holdings, the owner of Volvo cars, prepares to present its mid-priced Lynk & Co brand in the United States and Europe during the start of 2019, however alerted …
Swedish automaker Volvo revealed on Wednesday a range of moves deepening cooperation with its Chinese parent Zhejiang Geely Holding Group – a tie-up that’s shaping up to reveal that China …

