Geely

SHANGHAI, Aug 17 (Reuters) - China’s Geely Automobile Holdings Ltd said on Monday first-half net profit fell 43%, as the coronavirus outbreak slammed the brakes on auto sales in the world’s biggest market.Geely, China’s highest-profile automaker globally due to the group’s investments in Volvo Cars and Daimler AG, posted January-June…

The Polestar 2 arrives to plenty of big expectations. Probably the most direct competition the Tesla Model 3 has faced so far, this handiwork of a Volvo and Geely collaboration gets to cherry-pick the best of their tech, then fast-track it to roads without the headache of an internal-combustion legacy.…

STOCKHOLM (Reuters) - Volvo Cars said it expects its business to recover in the second half of the year after reporting on Tuesday an operating loss for the first six months as coronavirus lockdowns strained supply chains and forced plant closures. FILE PHOTO: An employee at a Volvo car dealer…

Waymo said it will be the exclusive global partner for Volvo Cars for developing self-driving vehicles capable of operating safely without routine driver intervention. By  Reuters | Updated: 26-Jun-20 10:29 AM View Photos Waymo will focus on the AI for the software "driver." Volvo will design and manufacture the vehicles…

An economist says Proton and Perodua should be made to face global competition.PETALING JAYA: An economist has proposed that duties be removed on imported cars for six months as a trial towards ending protectionist measures for the Malaysian motor industry. Speaking to FMT, Barjoyai Bardai said Malaysia would ultimately have…

Reportedly, China's Geely and BYD might be interested in SsangYong, which is 74.65% owned by Mahindra and Mahindra. By  Reuters | Published: 19-Jun-20 05:08 PM View Photos Earlier in June, Mahindra said it could give up its majority stake in loss making SsangYong South Korean sports-utility vehicle maker SsangYong Motor…

An employee wearing a protective mask works on an SUV in the paint shop at the Geely Automobile Holdings in Ningbo, Zhejiang Province, China. Photo: BloombergGeely’s shares rose by as much as 7.6 per cent in Hong Kong after the board approved the plan to sell new shares on the…

BEIJING/SHANGHAI (Reuters) - Geely Automobile Holdings Ltd (0175.HK) said on Wednesday its board had approved a preliminary proposal for the possible issue of renminbi shares and a listing on mainland China’s Nasdaq-like STAR board. FILE PHOTO: The logo of Chinese carmaker Geely Auto is pictured at the second media day…

DUBLIN, June 12, 2020 /PRNewswire/ -- The Read More

Increasing transparency is a key measure to manage and mitigate many security risks posed by Chinese investments into sensitive sectors. Slovakia’s experience in fighting shell corporations and oligarchs offers an example of how to do it, writes Matej Šimalčík. Matej Šimalčík is the executive director of the Central European Institute…