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Geely to invest $900M to bring Volvo to profit
Zhejiang Geely Holding Group Co., the Chinese buyer of Volvo Cars, plans to invest $900 million in the Swedish carmaker to bring it out of loss-making to profitability, Bloomberg reported today.
Mar. 31 , 2010Global Auto Barometer Survey by A.T. Kearney, Gasgoo.com
A.T. Kearney and SupplierBusiness are surveying senior auto supplier executives to get your opinion on the global auto supplier market, with the support of Gasgoo.com.
Mar. 31 , 2010Honda to shift procurement to emerging marketsMar. 31 , 2010
Nissan rivals Mitsubishi with $40,600 e-car
Nissan Motor will sell its battery-powered Leaf car from $40,600 in Japan before government subsidies, less than Mitsubishi Motors Corp.'s 4.6 million yen all-electric i-MiEV.
Mar. 30 , 2010Daimler plays down talk it could sell Maybach brandMar. 30 , 2010
Geely banks on China market for Volvo brand revivalMar. 30 , 2010