- Geely becomes controlling shareholder of AB Volvo
Geely will acquire Cevian’s 8.2 percent stake in AB Volvo. After the deal, Geely will be the controlling shareholder of AB Volvo and has 15.6 percent voting rights.
Dec. 27 , 2017
- China should make regulations for development of methanol vehicles
The industry has made great progress in the problems of cool starting and the reliability in methanol supply system. Thus, the government and relevant departments should formulate policies to promote ...
Dec. 27 , 2017
- Geely SX11 plug-in hybrid spied
Codenamed the Geely SX11, Geely's new SUV had been spied on roads before. Recently, it can be learned from the latest spy shots that the new model will have a plug-in hybrid variant.
Dec. 26 , 2017
- Geely reported to be proceeding with Benz stake acquisition
Geely Automotive has started the process to acquire a certain stake of Mercedes-Benz, according to a report of China Central Television (CCTV) Business Channel. But the amount hasn’t been specified.
Dec. 14 , 2017
- Lynk & Co to release around 10 models by 2020
Lynk & Co Auto Zhangjiakou Plant officially completed construction on Dec. 9.
Dec. 11 , 2017
- Geely annual sales exceed 1 million for first time
In November, Geely Automobile sold 141,265 vehicles, jumping 38 percent from a year earlier. Among the total sales volume, domestic sales reached 140,083 units, up 39 percent year on year.
Dec. 06 , 2017
- Geely’s vice president: no idea about plan to buy stakes in Daimler
Yang Xueliang, Vice President of Zhejiang Geely Holding Group, said he knew nothing about the report that Daimler turned down Geely’s offer to buy stake. His words are a response to the inquiry of a...
Dec. 01 , 2017
- Lynk & Co 01 prices turn out to be lower than expectation
On Nov. 28, Lynk & Co launched the Lynk & Co 01 2.0T version model. The highly anticipated Chinese-brand model offers six variants with price range between 158,800 and RMB 220,800.
Nov. 28 , 2017
