Geely reportedly completes Daimler share acquisition
It appears Geely is set to acquire a stake in Mercedes-Benz parent company Daimler, just a few weeks after the Chinese company had its bid to acquire a 5% stake in the company rejected. This […]
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Geely Boyue facelift previewed in China – new features
Less than two years after the Geely Boyue was launched in China, the midsize SUV has been given a facelift to keep it fresh on the market. Chinese automotive portal autohome.com.cn has gained early access […]
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Photo of Proton “right-hand drive” Geely Boyue is fake
Photos of the Geely Boyue at Proton service centres and dealer conferences have surfaced on a Facebook page recently. This hints at the fact that not only is development of the national carmaker’s first ever […]
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Geely achieves record year in 2017, selling 1.24 million vehicles – Boyue sales surpass 30,000 units per month
Geely is going great guns in China, it seems – the company has announced that it sold a total of 1,247,116 vehicles last year, surpassing the previous year’s sales by 63% and beating its own […]
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SPIED: Geely Boyue SUV tested in Malaysia by Proton
The Geely Boyue has been spotted testing in Malaysia. These pics of the Chinese SUV were snapped by reader Mamu Penang in Putrajaya and on the Elite Highway. They show a white Boyue that’s uncovered […]
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Geely to acquire 8.2% stake in truckmaker AB Volvo
Zhejiang Geely Holding (ZGH) Group has announced it plans to secure an 8.2% stake in AB Volvo from Cevian Capital, which is reportedly priced at around US$3.3 billion (about RM 13.4 billion). The deal would […]
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Geely to buy stake in Mercedes-Benz parent Daimler
Geely, owner of Volvo and holder of a substantial stake in Proton, is proceeding with the acquisition of a stake in Mercedes-Benz parent company Daimler, although the exact amount of the purchase is unknown. This […]
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Geely finalises purchase of flying car maker Terrafugia
The Zhejiang Geely Holding Group has completed the purchase of flying car developer Terrafugia for an undisclosed price, and the Woburn, Massachusetts-based company will remain in the United States, according to Automotive News. Initial reports […]
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Proton-Geely deal a good example of OBOR initiative
The Proton-Geely partnership is a good example of the One Belt and One Road (OBOR) initiative, according to Zhejiang Geely (ZGH) chairman Li Shufu. In the report by Bernama, Li Shufu said China’s economy is […]
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FIRST DRIVE: Geely Boyue – Proton’s first ever SUV
Among the biggest highlights of Geely’s acquisition of Proton was the transfer of the former’s bestselling Boyue to the national carmaker, as the basis of its first ever SUV model. We went to Geely’s headquarters […]
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Geely GC9 commissioned for China’s diplomatic fleet
Fifty brand new units of Geely’s flagship D-segment sedan, the GC9 will be added to China’s diplomatic fleet, serving as official cars for state guests, diplomats and other dignitaries during their visit to the land […]
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Geely not interested in buying Fiat Chrysler – report
Earlier this week, it was reported that Fiat Chrysler Automobiles (FCA) was about to be bought over by Chinese company Geely. However, Geely executive director Gui Shengyue told Reuters that Geely “(does not) have any […]
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Geely Auto reports 118% increase in revenue, 1H 2017
Zhejiang Geely subsidiary Geely Auto has released its financial report for the first half of 2017, and the company has announced a 118% increase in revenue to 39.42 billion RMB (RM25.36 billion) from the same […]
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Geely’s Q1 profit more than doubles with Volvo input
Chinese carmaker Geely has reported solid sales and profit for the first half of 2017. Q1 2017 profit more than doubled, the sharpest jump in eight years, thanks to well-received China domestic models designed with […]
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DRIVEN: Geely Boyue – first impressions review of what will be Proton’s first ever SUV, coming in 2018
Geely’s acquisition of Proton was the biggest automotive news story of 2017. It was the culmination of the national carmaker’s government-mandated year-long search for a foreign strategic partner, and brings to a close a series […]
