Articles Tagged with "Geely"

Geely purchased two foreign brands and became Lotus’s biggest shareholder
Geely purchased two foreign brands and became Lotus’s biggest shareholder

On May 24th, Geely signed a binding key tem agreement with DRB-HICOM Group in Malaysia. Geely will purchase 49.9% shares of Proton Holding and 51% shares of luxury racing car brand Lotus Group from DRB.

May 25 , 2017
Analysis: Korean and own brand manufacturers’ struggle for dominance in the China auto market
Analysis: Korean and own brand manufacturers’ struggle for dominance in the China auto market

Korean brands and domestic own brand manufacturers have been continuously vying for a slice of the Chinese automotive market. The two segments are often in direct competition with each other. According to a report appearing on cb.com.cn which cited s

May 16 , 2017
Summary: BAIC leads new energy automobile sales in 2017 Q1
Summary: BAIC leads new energy automobile sales in 2017 Q1

According to statistics released by the China Passenger Car Association, a total of 49,500 new energy passenger automobiles were sold in the country over the first quarter of the year. BAIC led the sales charts by a large margin. It was followed by B

May 8 , 2017
Summary: Top performing Chinese own brand automobile manufacturers in February
Summary: Top performing Chinese own brand automobile manufacturers in February

Domestic passenger automobile sales in China grew slightly year-on-year in February. This increase in sales was due to the fact that the Chinese New Year festival occurred earlier this year than they did last year. In particular, SUV sales grew by la

Mar. 21 , 2017
Geely’s sales jumps 167% in February, exceeding GWM again
Geely’s sales jumps 167% in February, exceeding GWM again

Geely shows an astonishing sales performance again in February after its 70% growth in January. On March 6th, Geely published its latest sales data, showing that Geely sells 88,976 units in February, exceeding GWM again and rising 167% year-to-year o

Mar. 7 , 2017
Summary: Chinese sedan market in January 2017
Summary: Chinese sedan market in January 2017

A total of 222 sedan models were available for sale on the Chinese new car market in January, according to statistics compiled by the China Passenger Car Association and reported by Gasgoo.com (Chinese). Sedan sales totaled 1.07 million units, down a

Mar. 6 , 2017