Articles Tagged with "Geely"

Daimler and Geely Holding form global joint venture to develop smart
Daimler and Geely Holding form global joint venture to develop smart

​Daimler AG (Daimler) and Zhejiang Geely Holding Group (Geely Holding), the German and Chinese automotive groups, today announced on March 28 the formation of a 50-50 globally focused joint venture.

Mar. 28 , 2019
Lotus’s first China-made model said to be produced in Geely’s Wuhan plant
Lotus’s first China-made model said to be produced in Geely’s Wuhan plant

Lotus, a British sports car brand 51%-owned by China’s Geely, will see its first China-made model manufactured in Geely’s Wuhan vehicle plant, An Conghui, president and CEO of Geely Auto Group, revealed on March 21.

Mar. 25 , 2019
Geely Auto posts 18% year-on-year growth in 2018 net profit
Geely Auto posts 18% year-on-year growth in 2018 net profit

Geely Automobile Holdings Limited reported on March 21 that its annual revenues in 2018 grew 15% year on year to RMB106.6 billion and the full-year net profits attributed to shareholders jumped 18 % over a year ago to RMB12.55 billion.

Mar. 21 , 2019
Geely’s first globally-sold BEV to hit the market in Singapore next month
Geely’s first globally-sold BEV to hit the market in Singapore next month

Geely is now set to test international waters with an all-new compact BEV model code-named GE11, which has already been unveiled on February 26. Recently, the automaker announced the name of the GE11—“Jihe A”, meaning “Geometry A” in Chinese.

Mar. 13 , 2019
Geely’s first MPV model Jiaji hits the market with price starting at RMB99,800
Geely’s first MPV model Jiaji hits the market with price starting at RMB99,800

Geely's first MPV model—the Jiaji officially hit the market on March 11 as the automaker's first step to build presence in MPV segment. Presale prices for three variants range between RMB99,800 and RMB182,800.

Mar. 11 , 2019
Geely Auto’s Jan.-Feb. sales represent 8.8% YoY drop
Geely Auto’s Jan.-Feb. sales represent 8.8% YoY drop

Geely Auto reported on March 6 that its sales for the first two months of 2019 reached 241,945 units, dropping 8.8% compared with 265,332 units delivered in the same period a year ago.

Mar. 7 , 2019