Geely joins the Fortune 500 list for the third year running Strong income growth helped the company move up 11 places in 2014 Zhejiang Geely Holding Group now ranked at 466th position 25 July 2014, Hangzhou, China. Zhejiang Geely Holding Group (herein after referred to as Geely) is pleased to announce that the company has…
President Xi Jinping of the People’s Republic of China and First Lady Madame Peng Liyuan, joined by King Philippe and Queen Mathilde of Belgium, visited the Volvo Car Group (Volvo Cars) facilities in Ghent, Belgium today. Attending the President’s and the King and Queen’s visit were, among others, Håkan Samuelsson, President & CEO of Volvo…
18 March 2014, Beijing. The Export-Import Bank of China (China Exim Bank) and Zhejiang Geely Holding Group (Geely Group) announced Tuesday that they have signed a strategic agreement under which Geely Group will have access to a 20 billion yuan credit facility from China Exim Bank. Geely Group intends to use the net proceeds from…
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…
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…
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…
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…
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…
11 July 2013, Hangzhou. Zhejiang Geely Holding Group is proud to announce today that the Hangzhou based company has once again made it to the Fortune 500 list. With revenue reaching 24.6 billion US Dollars in 2013, Zhejiang Geely Holding Group is ranked 477th in the Top 500.This is the second year that Geely Holding…
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…
