Geely NewsAll News

One of the largest Chinese auto manufacturers which sells its vehicles in China and other emerging markets under four different brand names. Geely also owns the Swedish automaker Volvo, which it bought from Ford in 2010. Models to watch for: Geely Panda

When Will Chinese Cars be Sold in the US?

10
When Will Chinese Cars be Sold in the US?
Share this Article
We get gadgets, clothes and even car parts from China, but when will we see a car from China sold on our shores? The answer is “very soon.” Continue Reading...

Detroit Electric, Geely Partner to Develop EVs for China

Detroit Electric, Geely Partner to Develop EVs for China
Share this Article
Chinese company Geely Automobile Group has teamed up with reborn Detroit Electric Inc. to form a strategic partnership where both parties will co-develop pure electric vehicles for the Chinese market. Continue Reading...

Geely Won’t Make Final Bid for Fisker Due to DOE Obligations

Geely Won’t Make Final Bid for Fisker Due to DOE Obligations
Share this Article
China’s Geely was expected to finalize the sale of Fisker by mid-March, but the Chinese firm will no longer bid for a majority stake in the troubled American electric automaker. Continue Reading...

Fiat-Volvo Partnership a New Possibility

Fiat-Volvo Partnership a New Possibility
Share this Article
A few years ago, Italian auto giant Fiat was very close to partnering up with General Motors. However, that deal went sour at the last minute and a few years after that, Fiat bought a big chunk of Chrysler in its quest to have a large slice of the American market. More recently, the company… Continue Reading...

Geely To Begin UK Sales In 2012

Geely To Begin UK Sales In 2012
Share this Article
Geely will make their first foray into the notoriously tough British market in 2012, hoping to emulate the success of Korean brands like Hyundai. While Geely already helps produce the iconic London taxis, the company will face an uphill battle regarding the vehicle’s perceived quality.  Their first UK offering, the EC7 compact car, will cost 10,000 GBP… Continue Reading...

Peter Horbury Will Lead Design For Geely

Peter Horbury Will Lead Design For Geely
Share this Article
A few years ago, a Chinese car company by the name Geely bought the Swedish luxury car brand Volvo. As part of Geely’s plan to move the Volvo brand forward, they hired famed car designer Peter Horbury to look after the design direction of this luxury car brand. Horbury, who hails from Britain, was no… Continue Reading...

Volvo Concept You Has a Very Chinese Feel: Frankfurt Auto Show 2011

Volvo Concept You Has a Very Chinese Feel: Frankfurt Auto Show 2011
Share this Article
There’s something really Chinese about the Volvo Concept You but I just can’t quite put my finger on it. And I’m actually Chinese. That there is an oriental feel shouldn’t be a surprise. The Concept You is an evolution of the Concept Universe revealed earlier this year at Auto Shanghai earlier this year. Volvo sought… Continue Reading...

Volvo Owner Geely Insterested in Saab

Volvo Owner Geely Insterested in Saab
Share this Article
Saab‘s days as an automaker might not yet be numbered. According to a recent report a Chinese automaker may be interested in purchasing the bankrupt automaker. “I’ve heard this one before,” you’re probably thinking to yourself. But this time it’s different…. we promise. According to Sweden’s Dagens Industry, the interested Chinese suitor is none other… Continue Reading...

Volvo To Build Second Plant In China

Volvo To Build Second Plant In China
Share this Article
Volvo’s corporate overlords Geely will open a second plant in China, citing that Chinese production is a key factor in the Swedish company’s growth. The current Chinese plant is located in Daqing, an oil-rich region in northeast China that provided Geely with a majority of the $2.7 billion needed to buy Volvo from Ford. Now,… Continue Reading...
Filed under: Chinese Geely Swedish Volvo
Tags: , ,

Geely McCar Comes with its Own Electric Scooter in the Trunk

1
Geely McCar Comes with its Own Electric Scooter in the Trunk
Share this Article
Here’s a concept that carries some junk in its trunk. OK, so it’s not junk – it’s actually a three-wheeled scooter, and the McCar packs it away in its trunk to give you even more motoring mobility. Unveiled at the Shanghai Auto Show, Geely (the Chinese manufacturer and owner of Volvo) introduced this unique concept… Continue Reading...

Volvo Sale To Geely Completed

Volvo Sale To Geely Completed
Share this Article
Geely has officially purchased Volvo, the iconic Swedish automaker, from Ford, in a rumored $1.8 billion transaction. As part of the deal, Ford will continue to supply powertrains and other components for an unspecified amount of time, while both companies have mutually agreed to safeguard each other’s intellectual property. Stefan Jacoby, formerly head of Volkswagen… Continue Reading...

Chinese Government Greenlights Geely-Volvo Sale

Chinese Government Greenlights Geely-Volvo Sale
Share this Article
China’s Ministry of Commerce and its National Development and Reform Commission has signed off on a deal that will let Chinese carmaker Geely to purchase Volvo from Ford for $1.8 billion. “We have received all approvals required from the central government,” Ning Shuyong a spokesman from Geely, told Reuters. “We are currently working on closing… Continue Reading...

Report: Volvo Sale to Geely Set for February 8th

Report: Volvo Sale to Geely Set for February 8th
Share this Article
According to a recent report, Ford’s sale of Volvo to Chinese automaker Geely could go through as early as February 8th. Ford and Geely have already announced they are working out details of a plan with the latest rumor indicating that the sale could be for as little as $1.6 billion, with a $1.8 billion… Continue Reading...

Report: Ford, Geely Reach Agreement on Sale of Volvo

Report: Ford, Geely Reach Agreement on Sale of Volvo
Share this Article
Ford Motor Co. and Zhejiang Geely Holding Group (Geely) have reached a general agreement on the terms of a sale that would see Ford’s loss making Volvo unit sold to the Chinese automaker. An initial agreement is set to be signed in the first quarter of 2010, with the transaction complete in Q2. Ford said… Continue Reading...

Report: Sale of Volvo One Step Closer as Ford, Geely Reach Agreement on Intellectual Property Rights

Report: Sale of Volvo One Step Closer as Ford, Geely Reach Agreement on Intellectual Property Rights
Share this Article
Ford’s sale of its Swedish Volvo brand to Chinese automaker Geely has moved one step closer to completion with news that the two companies have reached an agreement on intellectual property rights issues. The agreement will see Geely take over control of all technology developed exclusively by Volvo, and still allow Volvo to use any… Continue Reading...

Report: Volvo Bidder Geely Planning to Double Swedish Automaker’s Sales

Report: Volvo Bidder Geely Planning to Double Swedish Automaker’s Sales
Share this Article
Ford’s preferred Chinese bidder to purchase the automaker’s Swedish Volvo unit has announced a plan that would see Volvo doubt its sales in the coming years. Zhejiang Geely Holding Group, which owns and operated Chinese automaker Geely, has said it believes it could boost total sales to close to one million vehicles globally, up significantly… Continue Reading...