The management team of Chinese automaker Geely Holding Group will meet with Ford and Volvo executives, Volvo unions and Swedish government officials in Sweden this week in its bid for Volvo, a Europe-based spokesman for Geely said. Geely Chairman Li Shufu will attend the meeting to discuss the co...
Shanghai, November 18 (Gasgoo.com) Taiwan's carmaker Yulon Motor has tied up with mainland China's Geely Auto to build small cars, with the Taiwan-assembled Panda to be sold under Yulon's "Tobe" brand, local media reported yesterday.
Shanghai, November 17 (Gasgoo.com) Ford Motor's Volvo car division will retain the rights for its licensed technologies, and its Chinese bidder Geely will get the right to use them, Reuters reported today, citing a Geely spokesman.
SHANGHAI, Nov 17 - Ford Motor's Volvo car unit will retain the rights for its licenced technologies, while its Chinese bidder Geely will get the right to use the technologies, a Geely spokesman was quoted...
Geely plans to produce three new luxury Volvo models within four years of taking over the car brand from Ford, according to company sources. The Zhejiang Geely Holding Group, which is Ford's preferred bidder for Volvo, said it would sell two or three bigger, more luxurious cars to boost its globa...
In its bid to buy Ford Motor鈥檚 Volvo unit, Geely Holding Group plans to double Volvo鈥檚 sales to nearly 1 million vehicles a year. The Chinese automaker hopes this turnaround plan will be a more competitive bid compared with other suitors. In its plan, Geely wants to build a new Volvo plant in...
HONG KONG, Nov 11 - China's Zhejiang Geely Holding Group, vying to buy Ford Motor's loss-making Volvo unit, has developed a turnaround plan under which it hopes to double Volvo's sales to near 1 million...
Cheng Shin Rubber Industry Co, a Taiwan-based tire maker, will supply tires to Geely Automobile Holdings Ltd<0175>, a major privately-run auto maker in mainland China, the Economic Daily reported on Friday, citing an unnamed company executive as saying.The tire maker plans to invest US$300 million to...
Geely Automobile Holdings<0175>, a major domestic auto maker in mainland China, and Taiwan-based Yulon Motor Co Ltd will jointly develop electric cars that use lithium batteries, the Economic Daily News reported on Wednesday, citing unnamed sources.Geely Chairman Li Shufu will sign a cooperation...
Ford Motor Company announced Oct.29 that a consortium led by Zhejiang Geely Group Holding Co. Ltd. is its preferred bidder in the ongoing discussions concerning the possible sale of Volvo Car Corporation. When Geely and Vovlo are reported as a supposed couple, it seems few are optimistic about this transnational marriage.