geely
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Notable Mergers and Acquisitions of the Day for 11/27: F, S/IPCS...
Business Finance & Economy - business.marc8.com —
Authority: 166
Ford (NYSE: F) has agreed on intellectually property rights with Geely Holding Group on the companys bid for Swedish luxury carmaker Volvo, according to reports. The move would clear one more hurdle that faced the Chinese companys attempt to spread into the international auto market as Geely is looking to move its ...10 hours ago -
Geely Steps Up Volvo Talks With Ford
Car Reviews & Car Buying Blog —
Authority: 164
After we reported yesterday that the talks between Geely and Ford about Volvo are intensifying, China’s Xinhua news agency runs a terse one-liner today: “China’s Geely Holding Group said Friday it was having a detailed and in-depth discussion with Ford over relevant terms and contracts about acquiring Volvo.” ...17 hours ago -
Mainland Chinese automakers look to Taiwan for EV expertise
Autoblog Green —
Authority: 708
Filed under: EV/Plug-in , Manufacturing/Plants , Asia , China More electric car news from Taiwan . Two Chinese automakers are ready to develop and sell electric cars there. Chery, for instance, has announced the creation of an R&D center in the upcoming "Green Energy Intelligent Vehicle Innovation Park ...1 day ago -
So What About Geely And Volvo?
Car Reviews & Car Buying Blog —
Authority: 164
While bumbling GM so far hasn’t closed any of their cast-off brands deals, Ford’s Volvo sale to Geely appears to progress quietly, but steadily. The usually well informed and reliable China Car Times says that Geely is “feeling secure about the Volvo purchase.” Ford has enlisted JP Morgan and Citigroup to ...1 day ago -
Is Saab Done?
CarEnvy.ca —
Authority: 137
As we all know, GM’s been anxious to get rid of Saab for some time. The Swedish car manufacturer has been hemorrhaging dollars and Swedish crowns since GM took it over. A deal had almost come through when Koenigsegg, backed by the Chinese company BAIC, made what seemed a fairly solid bid. However, that’s [...]2 days ago -
Volvo to stay in America: Crown investments with Volvo offer on table
eurocarblog —
Authority: 509
American investment group Crown, headed by former Ford president Michael Dingman, could put an offer on the table to buy Volvo , although a sale to Chinese company Geely seemed in the bag. Geely has been Ford’s preferred purchaser, although there have been industry concerns about selling Volvo to Asian interests, ...4 days ago -
U.S. Consortium To Make Bid For Volvo This Week
Car Reviews & Car Buying Blog —
Authority: 164
In today’s episode of the Ford/Volvo saga, the U.S. consortium known as Crown has announced plans to submit a bid for Volvo this week that will rival that of Chinese automaker (and current preferred bidder) Geely. Crown’s bid will be in the $2 billion to $2.5 billion range — somewhat less than Geely’s rumored ...4 days ago -
Geely planning to will keep Volvo production in Europe
Car news, Car reviews, Spy shots and Videos - 4wheelsnews.com —
Authority: 571
Negotiations participated in by representatives associated with China’s Zhejiang Geely Holding Group’s impending purchase of Volvo are off to a good start. Zhejiang Geely has informed unions that it intends to keep Volvo production in Europe. Last Thursday, union leaders at the Ford Motor Co. unit held their first ...6 days ago -
China On the March With Multitude of Electric Vehicle, Hybrid Projects
Car Reviews & Car Buying Blog —
Authority: 164
Several Plans Involve Greater Cooperation With Taiwan in EV Developmen t Heres a roundup of news out of1 week ago -
Geely Keeps Volvo Unions Guessing On Money Issue
Car Reviews & Car Buying Blog —
Authority: 164
Sweden’s unions are on a hot trail. They think that –ohmygod- the Chinese government could be pulling the strings with Geely and Volvo. China’s Geely won’t say where they get the money for buying Volvo from Ford . Geely says its backers include Chinese banks. Sweden’s union leaders are concerned that the ...1 week ago -
Geely’s management team in Sweden to discuss the bid for Volvo
Car news, Car reviews, Spy shots and Videos - 4wheelsnews.com —
Authority: 571
Things are looking even better for Zhejiang Geely Holding Group, the parent of Geely Automobile, to be given the right to acquire Ford Motor Co.’s Volvo car brand. Members of Geely’s management team are in Sweden this week to discuss their bid, according to a Europe-based spokesman for Geely.Zhejiang was named ...1 week ago -
Geely says it will keep Volvo production in Europe
egmCarTech —
Authority: 588
China based Zhejiang Geely Holding Group has made it known that they intend to keep Volvo production a European affair should it purchase the Swedish automaker. The Wall Street Journal reported earlier in the month however, that Geely would be building a new Volvo plant in China with the ability to put out 300,000 ...1 week ago -
Episode 275 – Volvo Unions Meet With Geely, Hyundai Plant in Mexico, Electric Supercharger
John's Journal —
Authority: 132
Runtime 8:15 Volvo’s unions are meeting with Chinese automaker Geely and want to know where its getting the money to finance the deal to buy Volvo. Hyundai may build a third North American plant in Mexico. Could electric superchargers be the wave of the future? All that and more, plus a look at the new Porsche ...1 week ago -
Electric Geely Panda to invade Taiwan (spy pics)
China Car Times —
Authority: 537
The Geely Panda is the latest Panda to be taking to Panda diplomacy and will soon be on sale in Taiwan. Geely are reportedly planning to send Complete Knock Down kits (CKD) o Taiwan which will be assembled by Taiwan’s Yulong motorvehicle company. Interestingly enough, Geely will first be shipping the electric ...1 week ago -
Geely to launch up to three new luxury Volvo models
AUTOinCAR —
Authority: 123
Within only four years of having taken over Volvo from Ford, Geely plans to launch up to three new luxury models, according to company sources. The Zhejiang Geely Holding Group, which is Ford’s preferred bidder for Volvo, told the Wall Street Journal that the firm would sell two or three bigger, more luxurious cars ...1 week ago -
Geely plans 1 million Volvo units a year, new plant in China
Globalmotors.net —
Authority: 480
Ford is still negotiating the sale of Volvo brand and one of the potential winning bidders is a Chinese Geely. In 2008 Volvo sold 380,000 cars around the world. If Geely gets the Volvo brand they plan to produce 1 million cars a year within five years.That means they have to increase the current production [...]1 week ago -
Geely looking for 1M units from Volvo, plans Chinese factory
Autoblog —
Authority: 777
Filed under: China , Ford , Volvo , Geely Should Geely succeed in its bid to purchase Volvo , the Chinese automaker does not plan to spend any time playing in its new Swedish sandbox. Ford moved about 380,000 Volvos around the world last year; Geely wants to sell 2.5 times that amount within five years. ...1 week ago -
Geely planning to up Volvo sales to one million by 2013
China Car Times —
Authority: 537
Geely’s ambitious plans to take on the premium automotive brand Volvo from Ford seemed to have a strange twist this week, with Geely apparently planning to boost sales to an impressive 1 million units per year by 2013. Geely is planning a new Volvo factory in China which will be able to produce 300,000 vehicles ...1 week ago -
Is Volvo’s Success In China’s Hands?
The Auto Writer —
Authority: 422
Ford will likely sell Volvo within the next year, having already identified China’s Zhejiang Geely Holding Group Co. (Geely) as their choice to take over the Swedish marque. Geely, for their part, is smacking their lips as they imagine what they will do with Volvo once the company has safely been paid for and ...2 weeks ago -
Geely planning big changes for Volvo
Leftlane - news, reviews, and info for the auto-industry —
Authority: 620
China’s Zhejiang Geely Holding Group – better known simply as Geely – has yet to officially acquire the Volvo brand from Ford, but the Chinese automaker already has big plans for the Swedish brand, including boosting annual sales to 1 million units.According to The Wall Street Journal, Geely has outlined a plan ...2 weeks ago
