Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
Shares of Geely Automobile Holdings Ltd suffered their steepest one-day drop in 12 years, after the Chinese automaker said 2014 profit may halve due to slumping exports and currency losses from operations in Russia - its biggest overseas ...
Tags: Geely Auto, Ruble's Sharp Fall
US investment bank Goldman Sachs is said to have sold out shares controlled in Chinese automaker Geely Automobile Holdings Ltd. (SEHK: 0175). Sources said on October 8 that Goldman Sachs would sell a total of 580 million shares ...
Tags: Auto, Transportation
The joint R&D Centre of Geely Group and Volvo Cars has begun operations in Lindholmen Science Park, Gothenburg, Sweden, following a decision made earlier in 2013. This new center will develop a modular architecture and components for the ...
Tags: Geely Group, Volvo Cars
Chinese car maker Geely is planning to sell vehicles co-developed with Volvo outside of its home market and into Europe and the US. Industry journal Automotive News Europe reports Zhejiang Geely Holding Group Co. Ltd, which purchased ...
Tags: Geely, Volvo-Developed Models
Geely Automobile's Hong Kong-based subsidiary Shanghai Maple Guorun has signed a deal with Zhejiang Kandi Vehicles to set up a 50-50 joint venture (JV) in China. The new JV to be called Zhejiang Kandi Electric Vehicles Investment (JV ...
Tags: Geely Auto, EVs, Electric Vehicles