Detroit Electric, a startup based in downtown Detroit, Michigan, will be teaming up with Chinese automotive giant Geely to develop a new range of electric cars and related electric drive systems, to be used primarily in China. Geely is the current owner of Swedish automaker Volvo and has a number...
If your idea of a vehicle with another attatched to the back is a Winnebago with a Smart ForTwo strapped behind it, you need to start thinking about downsizing. Chinese... April 26, 2011 by Antony Ingram
Volvo last week announced plans to build a new plant in Chengdu, China along with laying out its strategy for the Chinese market. As you may recall, Volvo is now owned by... February 28, 2011 by Viknesh Vijayenthiran
When Volvo first unveiled its C30 hatch back in 2006 many questioned the automaker’s decision to ignore launching a more practical five-door model and instead offer it... October 21, 2010 by Viknesh Vijayenthiran
We’ve heard it all before but rarely have we seen it executed successfully; mid-tier luxury brands attempting to move upmarket and compete with tier 1 brands luxury brands... August 5, 2010 by Viknesh Vijayenthiran
It’s official. Ford (NYSE: F) has announced today that it has completed the sale of Volvo and its related assets to the Zhejiang Geely Holding Group Company Limited... August 2, 2010 by Viknesh Vijayenthiran
Late last month Ford confirmed that it would sell Volvo and most of its assets to Chinese automaker Geely for a significant $1.8 billion, so it’s not surprising that the... April 13, 2010 by Viknesh Vijayenthiran
Saab has found a new home with Spyker, and now it looks like Sweden's other iconic brand is soon to be finally sold to a more remote buyer. Geely's chairman Li Shufu is... March 25, 2010 by Nelson Ireson
Several Chinese automakers are determined to establish themselves in the U.S., namely Geely, which had originally hoped to be selling cars locally by the end of the decade... January 4, 2010 by Viknesh Vijayenthiran
Ford itself recently tipped Geely as the leading bidder for the Volvo brand, but that may change if the Crown Consortium has its way. Led by former Ford executives, Crown... December 4, 2009 by Nelson Ireson
Ford has done all but confirm Chinese automaker Geely as the new owner of Volvo, which the Blue Oval has been trying to sell for the past 18 months. Where the Geely deal... November 11, 2009 by Viknesh Vijayenthiran
Just about a month after China's Geely Automotive officially announced its interest in buying Volvo from Ford, a new contender has thrown its hat in the ring. This time, it's... October 5, 2009 by Nelson Ireson
Earlier this month Geely Automobile Holdings announced its intent to purchase Volvo, which is expected to be offered for sale by current owner Ford Motor Company in the near... September 23, 2009 by Nelson Ireson
Oh, Anne Hathaway: why do you look so sad? Why so skeptical? You're a respected actor. You've cruised through an unpleasant breakup and come out smelling like a rose. You're... August 19, 2009 by Richard Read
China is now the single biggest market in the world for new cars but that doesn’t mean the government is slowing down on the purchase of cars for its official fleets... July 10, 2009 by Kenneth Hall
With confirmation Saturn is up for sale coming from General Motors last week, as well as news that Saab has been given permission to restructure its debts outside of... May 6, 2009 by Ralph Hanson