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Stories about: Geely

Geely Receives $2.1Bn Financing for Volvo Acquisition
Geely Receives $2.1Bn Financing for Volvo Acquisition

10 Mar 2010, 11:16 UTC · By: Andrei Tutu / Earlier this week, we reported that Geely assured everyone that the Volvo acquisition is going according to plan, although an official agreement had not been signed yet. Now, the Chinese company ann...

 
Volvo Acquisition Proceeding According to Plan
Volvo Acquisition Proceeding According to Plan

8 Mar 2010, 07:45 UTC · By: Andrei Tutu / Zhejiang Geely Holdings, the initiator of the Geely-Volvo acquisition, said that the long awaited agreement has not been signed yet but the takeover will proceed according to the company’s pla...

 
Volvo Expects Sales Increase After Switching to Geely
Volvo Expects Sales Increase After Switching to Geely

6 Mar 2010, 10:51 UTC · By: Andrei Tutu / Volvo expects to see a sales growth on the Chinese market after the company will be acquired by Geely, as Dow Jones reports. Currently, Volvo’s Swedish Torslanda plant is working at a reduc...

 
Chinese Carmakers to Use Russian Plant
Chinese Carmakers to Use Russian Plant

5 Mar 2010, 13:06 UTC · By: Andrei Tutu / The Chinese carmakers are expanding their worldwide businesses, as some of their cars are scheduled to be produced by a dedicated Russian plant. The Derways production site, one of the largest fa...

 
Geely Plans to Quintuple its Production by 2015
Geely Plans to Quintuple its Production by 2015

4 Mar 2010, 13:04 UTC · By: Andrei Tutu / Volvo’s buyer, the Chinese carmaker Geely, has set itself an annual domestic production target of 1.5 million units, due to be achieved by 2015, a move that will quintuple the automotive produ...

 
Volvo's Sale to Geely Won't Be Derailed
Volvo's Sale to Geely Won't Be Derailed

4 Mar 2010, 09:05 UTC · By: Bogdan Popa / Even if the sale of HUMMER to Sichuan Tengzhong failed to go through, Geely is still in discussion to complete the Volvo acquisition, representatives of the Swedish brand said at the 2010 Geneva Aut...

 
Geely Out for Shopping, Buys Zhongyu
Geely Out for Shopping, Buys Zhongyu

26 Feb 2010, 10:54 UTC · By: Bogdan Popa / 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 produc...

 
Geely Plans To Sell 412,000 Vehicles in 2010
Geely Plans To Sell 412,000 Vehicles in 2010

17 Feb 2010, 14:11 UTC · By: Andrei Tutu / Chinese automaker Geely Automobile Holdings Ltd announced that it plans to sell 412,000 vehicles in 2010, a goal which is to be achieved through a new product offensive, as SinoCast reports. The ...

 
Volvo May Become China's Official State Car - Audi Threatened
Volvo May Become China's Official State Car - Audi Threatened

16 Feb 2010, 08:09 UTC · By: Andrei Tutu / After an infinity of rumors, negotiations and versions of the same story, Zhejiang Geely Holding Group has recently signed the contract for purchasing the Volvo brand from Ford Motor Company. Among ...

 
Volvo to Miss February 14 Sale to Geely
Volvo to Miss February 14 Sale to Geely

9 Feb 2010, 16:55 UTC · By: Daniel Patrascu / Ford's year-plus long attempt to sale its Swedish unit Volvo may get an extension and miss the February 14 deadline set together with Chinese projected buyer Geely, as negotiations seem to have...

 
Chery and Geely to Launch Cars in Australia This Year
Chery and Geely to Launch Cars in Australia This Year

3 Feb 2010, 10:08 UTC · By: Bogdan Popa / Chery and Geely are two of the Chinese carmakers that are looking to expand their business operations abroad and, as far as they are concerned, the first step will be made this year. Both companies ...

 
Geely to Take Control of All Volvo Technologies
Geely to Take Control of All Volvo Technologies

2 Feb 2010, 10:38 UTC · By: Bogdan Popa / Geely will take control of a 100 percent stake in Volvo, despite reports that Ford wanted to keep some technologies developed by the Swedish unit. Citing a Geely top executive, gasgoo.com reported t...

 
Saab and Volvo. Return of the MILFs...
Saab and Volvo. Return of the MILFs...

28 Jan 2010, 06:47 UTC · By: Charles Darveight / … Saab engineers, who were already paid with money that don't exist, can now open the champagne bottles. The cheerful gang of 3,400 people, all Swedish and all brave and intelligent, wil...

 
BAIC Preparing Own Saab Models for 2011
BAIC Preparing Own Saab Models for 2011

26 Jan 2010, 20:43 UTC · By: Andrei Tutu / 2009 was a very important year for Beijing Automotive Industry Holdings Co., Ltd. (BAIC), as the company purchased some of the distressed SAAB’s assets from the Swedish manufacturer’s ow...

 
Volvo Sold to Geely by February 8
Volvo Sold to Geely by February 8

26 Jan 2010, 09:32 UTC · By: Bogdan Popa / Just like its Swedish neighbor Saab, Volvo is currently involved in a complicated selling process that has until now reached several critical milestones. A new one is to be achieved on February 8, i...

 
Geely Inaugurates Vehicle Assembly Line in Russia
Geely Inaugurates Vehicle Assembly Line in Russia

18 Jan 2010, 13:13 UTC · By: Andrei Tutu / Geely, China’s second largest private carmaker has inaugurated an assembly line in Russia’s Caucasus republic of Karachay-Cherkessia, as xinhuanet.com writes. Last week, the Russian c...

 
Geely Posts 59% Sales Increase in 2009
Geely Posts 59% Sales Increase in 2009

15 Jan 2010, 09:30 UTC · By: Bogdan Popa / Geely, which currently has the highest chances to take control of Swedish manufacturer Volvo, posted a sales increase of 59 percent in 2009 to 325,413 units. Furthermore, December was the best month...

 
Volvo Still Up for Grabs Despite Geely Agreement
Volvo Still Up for Grabs Despite Geely Agreement

13 Jan 2010, 10:23 UTC · By: Bogdan Popa / Although we all believed that Volvo is 99 percent sold, it appears that Ford is also willing to listen to other offers it might receive from various interested parties around the world. At least, th...

 
Geely - Volvo Deal Terms Revealed
Geely - Volvo Deal Terms Revealed

11 Jan 2010, 11:54 UTC · By: Bogdan Popa / Up until now, lots of media sources talked about the Volvo - Geely deal but nobody knew for sure which exactly are the terms of the agreement and what is going to happen to the Swedish unit after th...

 
Geely to Launch Chinese-Made Volvo
Geely to Launch Chinese-Made Volvo

11 Jan 2010, 09:47 UTC · By: Bogdan Popa / Although Geely assured everyone that Volvo's operations would remain untouched once the Swedish unit steps under its ownership, the company will actually suffer some slight changes. Mostly beca...