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Geely
Report: Geely selects banks to advise on Volvo IPO
Volvo could be the next major automaker to go public. The Swedish automaker's parent company Zhejiang Geely has selected investment banks Citigroup, Goldman Sachs and Morgan Stanley to advise on an initial public offering, Bloomberg reported on Thursday citing people familiar with the matter. Geely... read more
2018 Lynk & Co. 03 spy shots
Chinese automaker Geely in 2016 launched the new brand Lynk & Co. with a compact SUV called the 01. A prototype for Lynk & Co.’s second model, a compact sedan... read more March 15, 2018 by Viknesh Vijayenthiran
Mercedes overtakes Toyota as most valuable car brand in influential study
Mercedes-Benz is now the most valuable automotive brand in the world. That's according to the latest study conducted by Brand Finance. The German automaker edged out Toyota... read more March 11, 2018 by Jeff Glucker
Geely buys 9.7 percent of Daimler in $9B deal
Having just acquired Terrafugia, Lotus, and a sizable stake in Proton, holding company Zhejiang Geely’s international buying spree doesn’t look to be slowing down... read more February 25, 2018 by Viknesh Vijayenthiran
Volvo Trucks plans electric delivery vehicle for 2019
Not to be left out of the push for electric and electrified commercial vehicles, Volvo Trucks announced Tuesday that it will begin selling electric trucks in Europe in 2019... read more January 24, 2018 by Sean Szymkowski
Geely buying spree continues with $3.26B stake in Volvo truck manufacturer
After adding Lotus, Terrafugia and a sizeable stake in Proton to its portfolio last year, holding company Zhejiang Geely is ringing in the new year with an 8.2 percent stake... read more January 2, 2018 by Viknesh Vijayenthiran
Lotus wants to take on Ferrari with new models
Lotus is best known for its track-focused vehicles as of recent, but one day, the brand's new Chinese owner wants it to rival Ferrari and Porsche. So said the chief of Geely... read more December 3, 2017 by Sean Szymkowski
Terrafugia sold to Geely, promises flying car by 2019
Zhejiang Geely, the Chinese holding company that controls the Volvo, Lynk & Co., Geely and Lotus brands, announced on Monday plans to fully acquire American flying car... read more November 14, 2017 by Viknesh Vijayenthiran
China’s Geely completes acquisition of Lotus
Zhejiang Geely Holding Group in May agreed to purchase 51 percent of Lotus, giving the Chinese automaker a sports car brand to sit alongside its other brands which include... read more September 29, 2017 by Viknesh Vijayenthiran
Lotus shocks, heads toward profitability as fiscal year closes
Lotus has pulled a money-laden rabbit from its top hat. With the results of its 2016/2017 fiscal year, Lotus Group International Limited's operations are heading toward... read more August 11, 2017 by Sean Szymkowski
Terrafugia flying car startup bought by Volvo parent Geely?
Is Terrafugia the latest acquisition of Chinese automaker Zhejiang Geely? According to the South China Morning Post, Geely, fresh from its acquisition of Lotus, has agreed to... read more July 6, 2017 by Viknesh Vijayenthiran
Lotus cars could be built in China, says new owner Geely
China’s Zhejiang Geely, the holding company that owns the Volvo, Lynk & Co and Geely car brands, entered a deal in May to acquire a 51 percent in stake Lotus from... read more June 29, 2017 by Viknesh Vijayenthiran
Future Volvos may benefit from Lotus suspension tuning
Lotus has a long history in engineering and building precise, sharp-handling cars. Now, as Lotus and parent company Proton, are in the process of being acquired by Chinese... read more May 26, 2017 by Sean Szymkowski
Geely agrees to purchase major stake in Lotus, Proton
China’s Zhejiang Geely Holding Group, the company that owns the Volvo, Lynk & Co and Geely car brands, on Wednesday agreed to purchase 49.9 percent of Lotus parent... read more May 23, 2017 by Viknesh Vijayenthiran
Report: Geely, PSA Group compete for Lotus parent Proton
Malaysian conglomerate DRB-Hicom is looking to offload its majority stake in fellow Malaysian firm Proton and two of the potential bidders are reported to be China’s... read more February 21, 2017 by Viknesh Vijayenthiran
Geely’s new brand Lynk & Co debuts with 01 SUV
Chinese automaker Geely is looking to expand outside of its home market with a new mainstream brand called Lynk & Co. Lynk & Co’s vehicles will be built in... read more October 19, 2016 by Viknesh Vijayenthiran
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