Mercedes-Benz CEO Dispels Fresh Fears Over Chinese Hostile Takeover
8 Jun 2022, 09:57 UTC · By: Humphrey Bwayo / BAIC and Chinese billionaire Eric Li together have a 20% share at Daimler, roughly a third stake in the company, a move that has caused quite a stir
Geely CEO Buys 10 Percent Of Daimler AG, Becomes Biggest Shareholder
25 Feb 2018, 09:38 UTC · By: Mircea Panait / An estimated $9 billion later, Daimler AG is much obliged to give Geely head honcho Li Shufu almost 10 percent in shares
Geely Disagrees With Volvo's Vision
17 Nov 2010, 11:58 UTC · By: Andrei Costea / Only three months have passed since Zhejiang Geely Holding Group Co. President Li Shufu took ownership of the Swedish car brand Volvo and disagreements arose already. Li said he does not agree with ...
Geely Chief Becomes Volvo Chairman
15 Jul 2010, 13:05 UTC · By: Daniel Patrascu / For all those of you still hoping Ford will have a change of heart and give Volvo to anybody but the Chinese, Volvo's today announcement may come as a blow to the groin. Geely and Volvo ann...
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 ...