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 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…

Geely to Acquire Manganese Bronze Business and Assets

January 31, 2013 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

1 February 2013, Hangzhou/London. Zhejiang Geely Holding Group (‘Geely’), the leading Chinese automobile manufacturer, has today acquired the business and the principal assets of Manganese Bronze Holdings (‘MBH’), the manufacturer of the iconic London Black Cab, out of administration on a cash-free, debt-free basis for £11.04m. The deal, which will safeguard production of one of the…

Geely Signs Definitive Stock Purchase Agreement with Ford to Acquire Volvo Car Corporation

March 27, 2010 | Volvo Car Group, Zhejiang Geely Holding Group

28 March 2018 Hangzhou, China / Gothenburg, Sweden. Zhejiang Geely Holding Group Co., Ltd. (“Zhejiang Geely Holding Group”), one of the fastest-growing car manufacturers in China, today announced it has signed a definitive stock purchase agreement with Ford Motor Company to acquire 100 per cent of Volvo Car Corporation (“Volvo Cars”) and related assets (primarily intellectual property).…