← Back to: "Geely Out for Shopping, Buys Zhongyu"
"Geely Automobile, the Chinese company that will most likely take control of Volvo, went out for shopping once again, this time purchasing Zhongyu Automotive, a company whose main focus is the production of special vehicles. Although they are considered a small automobile producer, Zhongyu actually builds up to 100,000 vehicles per year and is currently involved in a partnership with Mercedes-Benz. The terms of the deal are yet to be disclosed at this point but Geely will thus get ac..." Continue Reading →
Photo credits: daylife.com
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