- Geely to set up new DMA plant in Ningbo for new flagship sedan
Local media got the news from China Construction Eighth Engineering Division. Corp. Ltd that Geely is about to set up a new DMA plant in Meishan, Ningbo, Zhejiang Province.
Feb. 28 , 2018
- Geely denies using money from state-owned asset on Daimler stake acquisition
Yang Xueliang, vice president of Geely Automobile Group, restated that the Hangzhou-based company didn’t use domestic funds to acquire Daimler’s stakes as a response to the speculations on the fun...
Feb. 28 , 2018
- Nine leaders from automakers elected as deputy to 13th NPC
A total of 2,980 deputies to the 13th National People’s Congress (NPC), China’s national legislature, has been elected. Among them, there are many deputies from China’s auto enterprises.
Feb. 27 , 2018
- Lynk&Co 02 to make worldwide debut on March 26
Lynk&Co 02, the all-new crossover under the brand, will make its world debut in Amsterdam, Netherlands on March 26. The new model is expected to hit the market in 2018 with a starting price of RMB 120...
Feb. 27 , 2018
- BAIC, Daimler invest RMB 11.9 billion for production expansion
BAIC and Daimler plans to invest over RMB 11.9 billion (about 1.5 million euros) to expand the local production scale of Mercedes-Benz passenger vehicles and meet the demands of the largest auto marke...
Feb. 26 , 2018
- Top 10 SUV models by January sales
According to the sales data released by the China Passenger Car Association, the Haval H6 was still the best-selling model in the Chinese SUV segment.
Feb. 26 , 2018
- Baojun 530 to hit the market on Mar. 11 with larger size than Geely Boyue
Baojun will release an all-new compact SUV, the 530 on Mar. 11.
Feb. 24 , 2018
- Geely, not Li Shufu, to be largest shareholder of Daimler
Geely Group Co., Ltd, owned by Li Shufu, announced that it has become the largest shareholder of the German group after the closing of the deal. The Chinese company promised to hold Daimler’s shares...
Feb. 24 , 2018
