When Will Chinese Cars be Sold in the US?

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When Will Chinese Cars be Sold in the US?
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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
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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
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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...

Chinese Volvo Owner Likely to Buy Fisker

Chinese Volvo Owner Likely to Buy Fisker
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Earlier this year, we reported that Fisker seemed desperate seeking strategic partners in China, and now it appears that the struggling American automaker could be selling a major stake to China’s Zhejiang Geely Holding Group. Continue Reading...

Geely To Begin UK Sales In 2012

Geely To Begin UK Sales In 2012
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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
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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
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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
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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 Get Upmarket Flagship, Thanks To Geely Boss

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Volvo To Get Upmarket Flagship, Thanks To Geely Boss
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Many people have no clue where to place Volvo. Is it a premium brand like Audi or BMW, or is it more closer to VW and Ford! The truth is, it’s been languishing in the middle for far too long, and the boss of Geely Automobiles, Li Shufu, has been wanting to take the brand… Continue Reading...

Volvo To Build Second Plant In China

Volvo To Build Second Plant In China
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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...
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Volvo Spending 11 Billion On Vehicles And Facilities Over The Next Five Years

Volvo Spending 11 Billion On Vehicles And Facilities Over The Next Five Years
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Chinese automaker Zhejiang Geely Holding Group spent $1.7 billion last year to acquire Volvo from Ford Motor Co.,and now plans to spend as much as $11 billion on Volvo products and facilities over the next five years. Doug Speck, CEO of Volvo Cars of North America, says a growth strategy for the United States will… Continue Reading...

Volvo to Build More Emotional Vehicles, May Partner With Rivals Says New CEO

Volvo to Build More Emotional Vehicles, May Partner With Rivals Says New CEO
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In his first press conference as the newly appointed CEO of Volvo, Stefan Jacoby gave a vague outline of where he intends to take the company. Top on Jacoby’s list are improving Volvo’s emotional appeal and looking for ways to work with suppliers and other automakers in the industry. Jacoby joins Volvo after heading-up VW’s… Continue Reading...

Volvo Planning New Flagship to Rival 7 Series, S-Class

Volvo Planning New Flagship to Rival 7 Series, S-Class
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With ownership of Volvo now having officially changed hands from Ford to Geely, the Swedish automaker will look to develop a plan for profitability and growth. And while it’s domestic rival Saab is looking down market, Volvo will reportedly head in the opposite direction, instead planning a new flagship model that would compete directly with… Continue Reading...

Volvo Sale To Geely Completed

Volvo Sale To Geely Completed
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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
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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...
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