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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
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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,
Uber prepares to buy up to 24,000 self-driving cars from Volvo, marking the shift of the United States firm from an app known for summoning a taxi to the owner
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
Volvo Cars is increasing its investment twice in its first U.S. plant under construction to include a second production line at an overall cost of $1 billion, a source with
Google has (finally) officially revealed its “Android Automotive” in-car infotainment system. The company has signed a deal with Audi and Volvo to move forward with a car-focused version of Android
Zenuity, the joint venture between Volvo Cars and Autoliv, has started its operations. Zenuity is a new beginner in the developing global market for autonomous driving software systems. It marks
Geely-owned Volvo Cars stated on Wednesday it had selected Henrik Green, 43, as its new head of research and development, replacing Peter Mertens, 45, who is quitting for German automaker
The Volvo Automobile Company is planning for 2020 and targets to sell one million cars every year. The manufacturing unit in China is going to take the responsibility of producing
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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