Chinese automobile manufacturer Zhejiang Geely Holding has secured orders to deliver 500 units of its London Taxi TX4 vehicles in Nanjing, Jiangsu Province. Under the deal the company has delivered first 50 vehicles, as part of the order ...
Tags: Geely, TX4 Vehicles
Zhejiang Geely Holding Group (Geely) has signed a deal with the Belarusian government to establish a large joint venture automobile assembly project, marking the first automotive joint venture between China and Belarus. Under the ...
Tags: Automobile Assembly, Geely
Chinese carmaker Zhejiang Geely has partnered with the US based electric vehicle (EV) manufacturer Detroit Electric to jointly develop pure EVs and electric drive systems for Chinese market. Under the collaboration, the companies will ...
Tags: Detroit Electric, Chinese Market
Chinese carmaker Zhejiang Geely is planning to invest about $398m to build a new powertrain manufacturing facility in the coastal city of Ningbo in Eastern China's Zhejiang province. The investment is part of an agreement signed between ...
Tags: carmaker, Zhejiang Geely, new powertrain manufacturing facility
China-based Zhejiang Geely Holding Group is planning to invest EUR100m in UK-based taxi maker Manganese Bronze Holdings over the next five years. Geely acquired the taxi maker on 01 February 2013, which included a plant, equipment, ...
Tags: Geely, taxi maker, Manganese Bronze Holdings
Chinese automotive powerhouse Geely has come to the rescue of the iconic London black taxi by agreeing to purchase Coventry-based cab maker Manganese Bronze, saving it from administration and the threat of closure. Zhejiang Geely Holding ...
The auto industry has a very confusing family tree. The past few years have seen partnerships, sales, separations, bankruptcies, and entire divisions killed off, making it difficult to keep up with who owns which car brands. As automakers ...
Tags: auto industry, car brands, BMW
Swedish automobile manufacturer Volvo has signed a loan agreement of €922m with China Development Bank to pay back present loans. The loan with maturity in 2020 is considered to be the first step of the agreement and is expected to ...
Tags: automobile manufacturer, Volvo, automobile, loans
Chinese carmaker Zhejiang Geely Holding has signed three technological cooperation agreements with Volvo Cars. The deals will allow Zhejiang to use some technologies Volvo plans to phase out in the next two years. As per the ...
Tags: Geely, Volvo, technological cooperation agreements, Li Shufu
Swedish car maker Volvo Car is planning to build a $247m car plant in Brazil and build about 15,000-20,000 cars annually in the country. The final decision depends on Brazil's approval of the final details about auto-industry rules that ...
Tags: Volvo, new car plant, Brazil
Zhejiang Geely Holding has received an approval from the Chinese Ministry of Industry and Information Technology (MIIT) to build a new $631m passenger automobile plant in Chengdu, China. The new plant will manufacture Volvo cars and is ...
Tags: Zhejiang Geely, MIIT, Chengdu plant
Swedish carmaker Volvo is planning to invest $11bn to develop new products and increase its manufacturing presence in the next few years. The company aims to acquire 20% of China's premium auto market by 2015 and to increase Chinese ...
Tags: Volvo, invest, product development