Volvo Cars now officially owned by Chinese Geely!
It’s official - Zhejiang Geely Holding Group Company Limited (or Geely as its known to you and me) has completed its acquisition of the Volvo Car Corporation from Ford Motor Company. This …
Geely · Page 25
EU approves sale of Volvo to Chinese carmakers, Geely
It has been announced recently that the European Union competition regulators have approved the sale of Ford Motor Co’s Volvo, to Chinese car maker Geely Automobile Holdings and investment firm Daqing. This …
Ford and Geely reach definitive agreement over Volvo sale
Ford has entered into a definitive agreement to sell Volvo Car Corporation to Chinese carmaker Geely. The sale is expected to close in the third quarter of 2010, and is subject to …
Geely secures financing for Volvo purchase, scouting for Chinese production base
Chinese automaker Geely has managed to find USD 2.1 billion worth of financing and will seal an agreement with Ford for the acquisition of Volvo Car Corporation by the end of this …
China-made London cabs on the streets of Kiev?
Kiev, the capital of Ukraine is eagerly awaiting the arrival of a much anticipated new model. No, not the Mercedes-Benz SLS AMG (which is rumoured to be coming soon to Malaysia by …
Geely boss: “Nothing will change for Volvo”
After Ford announced that it will sell Volvo to Geely, many have raised concerns on the future health of the Swedish carmaker. As a response, Li Shufu, founder and chairman of Zhejiang …
Volvo’s sale to Geely on track, major issues resolved
Ford has officially announced that all substantive commercial issues relating to the sale of Volvo to the Zhejiang Geely Holding Group have been resolved. The current owner of Volvo revealed that it …
Chinese site claims Volvo and Geely purchase deal finalised?
There are no confirmed reports in the Western media yet, but Chinese website auto.sohu.com claims that Ford and Geely have already struck an agreement for the Swedish car company best known for …
Geely GE shamelessly apes the Phantom
Everytime Chinese automakers begin to show that they've moving one step ahead towards being able to produce advanced and most importantly SAFE cars, things like this destroy all that goodwill and return …
Geely buys Drivetrain Systems International
Geely has acquired Australian automatic transmission manufacturer Drivetrain Systems International. Drivetrain Systems International is the company that supplies the 6-speed automatic transmission to Korean car company Ssangyong, which is used in the …
Geely begins Geely CK1 sales in Indonesia
The Geely CK1, who used to sport a W203 Mercedes Benz C-Class front end but has been recently revised has just made it's debut in Indonesia last week. It is sold by …
Geely moves assembly plant plans to Indonesia
According to a report by China Knowledge, Geely Automobile Holdings Ltd has scrapped it's plans to set up an automotive assembly plant in Malaysia. Previously it applied to start assembling cars in …
Chery QQ AMT; assembly by Proton next year?
Alado Bumi Sdn Bhd launched the new fully imported CBU Chery QQ AMT today, powered by an automated manual gearbox similiar to the unit in the Proton Savvy AMT. The 52hp 75.5Nm …
IGC to start Geely assembly in October 2006
Information Gateway Corp Sdn Bhd (IGC) and Geely will start assembling Geely cars in a plant near Kuantan in October 2006, beginning with the Geely CK sedan. This will make Malaysia the …
Geely Beauty Leopard to make European debut
Geely will be introducing it's Geely BL sports car into the European market soon, with a targetted launch date set sometime in 2008. It will be banking on low cost as one …
Geely investment plans on hold again
Geely Automobile Holdings Ltd is once again rethinking it's RM100 million investment plans in Malaysia. It was not very happy with the new National Automotive Policy which stated that any new foreign …
Geely CK1 Freedom Cruiser
Zhejiang Geely Automotive Company will go ahead with the assembly of it's Geely CK1, or Geely Freedom Cruiser here in Malaysia. It will be assembled by Information Gateway Corporation Sdn Bhd. Production …
Geely Freedom Cruiser assembled in Malaysia
Zhejiang Geely Automotive Company is China's biggest privately-owned automaker and specialises in making budget cars for first-time buyers like it's 1.3 litre Geely Merrie which looks like a mutated Mercedes Benz and …
