Geely

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 firm Geely, a bit of that spritely British engineering could find its way to Volvo. How might Swedish engineering and British...

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 company Proton from current owner DRB-Hicom. As part of the deal, Geely will also purchase a 51 percent stake in Lotus. Terms...

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 Geely and France’s PSA Group. The information was reported on Sunday by the Financial Times which cited an anonymous...

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 China but leverage the design and engineering expertise of Volvo, which Geely acquired form Ford Motor Company [NYSE:F] in 2010...

Chinese automaker Geely is preparing to launch a new car brand aimed at global markets. The new brand is called Lynk & Co and is set to have its official coming out party on October 20, 2016. A single teaser shot depicting the grille of Lynk & Co’s first model has been released to...

Chinese automaker Geely is out testing a prototype for a new compact SUV. Normally such news wouldn’t register on Motor Authority but there’s extra significance riding on this model. The compact SUV is based on the CMA (Compact Modular Architecture) platform being developed by Geely in...

Chinese automaker Geely may be about to introduce a new mainstream brand selling cars developed with Volvo. Since acquiring the Swedish automaker from Ford Motor Company [NYSE:F] in 2010, Geely has set about transforming it into a luxury marque. That leaves room for Geely to compete in mainstream...

Chinese officials have given approval for Volvo to establish new plants in Daqing and Zhangjiakou. As a result, Volvo's full Chinese industrial base, including a current site in Chengdu, has been approved. An assembly plant in Daqing is under construction and is expected to be fully operational in...

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...

After a string of disasters in 2012 left startup automaker Fisker on the ropes financially, last month it appeared that some good news was finally on the horizon for the struggling firm. Chinese automaker Zhejiang Geely, owner of Volvo, was said to be the leading candidate for an ownership stake in...

Struggling extended-range electric automaker Fisker had a difficult year in 2012. Shortly after its Karma sedan hit the market, it was plagued by a series of recalls for battery, software and cooling issues. Fisker lost access to previously-committed Department of Energy loans for failing to meet...

Volvo will license some of its older technology to its Chinese parent Geely under a new deal signed by the two companies recently. The technology, which Volvo plans to phase out over the coming years, includes a mid-size vehicle platform, several safety systems and cabin filter technology. Volvo...

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 automaker Geely (owners of Volvo) has just the combo for you. It's known as the McCAR, and although its appearance might make you...

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 Chinese auto giant Geely and going into the future we’re almost certain to see the world’s most populace country...

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 exclusively as a sporty three-door. As we all know Volvo’s finances quickly degraded shortly after that and launching a...

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 (Geely). The total purchase price for Volvo and the assets set forth in an agreement signed back in March was $1.8 billion...

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 buyer is expecting to make a return on its investment. According to Geely, the money could be flowing into Volvo’s coffers as...

Geely chairman Li Shufu is in Sweden to sign the paperwork on the transfer of Volvo, according to the latest reports.

One of the biggest hurdles Chinese automakers have in the U.S. is their poor image and reputation for safety.

The Crown Consortium is looking to beat Geely for the Volvo brand.