Emerald Automotive Acquired By Zhejiang Geely Holding Group

February 28, 2014 | Zhejiang Geely Holding Group

28 February 2014, Hangzhou, China/London, UK. Hazelwood and UK based Emerald Automotive has been wholly acquired by the Chinese automotive giant Zhejiang Geely Holding Group (Geely Group). The acquisition, announced today in London, is the culmination of twelve months’ work between the two companies in planning a series of light-weight, range-extended, electric urban vehicles, based…

Geely Emgrand Named Official Vehicle of First APEC Senior Officials’ Meeting 2014

February 10, 2014 | Geely Auto Group, Zhejiang Geely Holding Group

11 February 2014, Ningbo. Geely Holding Group today announced that the Geely Emgrand has been nominated as the offical vehicle for the Asia-Pacific Economic Cooperation(APEC)informal leadership meeting,set to be held in Ningbo,in China’s Zhejiang province,in February 2014. Geely Auto has delivered 45 Emgrand vehicles to the organiser. The gathering, which is APEC’s first senior official meeting…

Zhejiang Geely Holding Group Announces the Founding of Daqing Volvo Car Manufacturing Company

September 26, 2013 | Volvo Car Group, Zhejiang Geely Holding Group

Volvo enters new stage in its comprehensive premium segment strategy 26 September 2013, Harbin, China. The founding of Daqing Volvo Car Manufacturing Co, Ltd. (Volvo Cars’ joint venture in China) was today officially announced. The move marks the beginning of a period of rapid development in the localization of Volvo Cars’ production in China, as well…

Joint Geely-Volvo R&D Centre Goes into Operation in Gothenburg

September 12, 2013 | Geely Auto Group, Volvo Car Group, Zhejiang Geely Holding Group

New Modular Architecture to be developed for both Volvo Cars and Geely Auto to lead into the future 13 September, 2013, Gothenburg, Sweden. Geely Group is excited to announce that the joint R&D Centre of Geely Auto and Volvo Cars in Gothenburg starts soft operation following the decision made in February this year. The Centre will…

Geely Group Restarts Production of Iconic London Taxi

September 12, 2013 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

12 September 2013, London. The London Taxi Company today restarted production of the famous black cab, six months after the business was rescued by Geely Group of China. Following a significant improvements to LTC’s manufacturing facilities in Coventry and the creation of around 65 new jobs, the company has once again commenced the building of…

Geely Group Donates 20 Million RMB For Quake-stricken Area in Ya’an

April 20, 2013 | Geely Auto Group, Volvo Car Group, Zhejiang Geely Holding Group

20 April 2013, Ya’an, China. In the early morning of April 20th 2013, Ya’an city in Sichuan province was struck by a 7.0-magnitude earthquake, which caused heavy loss of life and damage to property. In order to help the local people in the disaster area overcome difficulties and restore their life to normality, Geely Group…

Geely Automobile Holdings Limited Announced Annual Results for the Year

March 20, 2013 | Geely Auto Group, Zhejiang Geely Holding Group

20 March 2013, Hangzhou/Hong Kong. Geely Automobile Holdings Limited (“Geely Automobile” / “The Group”) (Stock code: 175) announced the annual results for the year ended 31 December 2012. During the year, the total revenue increased by 17% to RMB24.63 billion. After accounting for non controlling interests, net profit attributable to shareholders of the Group was…

Geely Auto and Volvo Cars Cooperate in New R&D Centre in Gothenburg, Sweden

February 1, 2013 | Geely Auto Group, Volvo Car Group, Zhejiang Geely Holding Group

1 February 2013, Hangzhou, China/Gothenburg, Sweden. Geely Holding, majority owner of Volvo Car Corporation (Volvo Cars) and Geely Auto, will establish a Research and Development Centre in Gothenburg, Sweden. The Centre will develop a new modular architecture and set of components for future C-segment cars, addressing the needs of both Volvo Cars and Geely. The…