Volvo Car AB and Geely Automobile Holdings Limited are considering combining their businesses to create a strong global group, which would accelerate financial and technological synergies between the two companies.
Feb. 10 , 2020
China’s full-year auto imports in 2019 declined 2% year on year to 1.086 million units, while the volume for the month of December stood at 102,000 units with a significant growth of 24%, according to Sinomach Automobile Co.,Ltd.
Feb. 10 , 2020
Geely Auto said on Feb. 9 it has kicked off the R&D on its intelligent air purification system (IAPS), which will be China’s first in-car purification system that meets the protection standard equivalent to N95 surgical mask.
Feb. 10 , 2020
South Korean automaker Hyundai has obtained 100% stake in Sichuan Hyundai Motor Co., Ltd., making the latter the first commercial vehicle (CV) manufacturer in China that is wholly owned by a foreign company.
Feb. 7 , 2020
NIO will issue and sell convertible notes in an aggregate principal amount of US$70 million to an unaffiliated Asia based investment fund through a private placement.
Feb. 6 , 2020
Gasgoo hereby compiled the 2020 sales target released by automakers in China.
Feb. 6 , 2020