Geely

While Volvo's year-on-year sales were down by 25.5% in May, the Swedish car maker sold 44,380 cars last month compared to the 31,760 sold in April, registering a month-on-month hike of 40%. By  Reuters | Updated: 03-Jun-20 05:49 PM View Photos Volvo said China sales grew 21.8% in May, while…

The logo of Swedish automobile manufacturer Volvo is seen at Stierli Automobile AG company in St. Erhard, Switzerland April 11, 2019. REUTERS/Arnd Wiegmann/FilesSTOCKHOLM (Reuters) - Volvo Cars, owned by China’s Geely Holding , said on Wednesday it sold 40% more cars in May than in April, as restrictions to contain…

nginx Read More

Mass-market car-making relies on scale rather than big margins to be seriously profitable. It’s an industry that regards a 4% return as a success and needs to gamble billions on sprawling back-offices, research and development, marketing and more before it can achieve even that, all for the dream of selling…

Mass-market car-making relies on scale rather than big margins to be seriously profitable. It’s an industry that regards a 4% return as a success and needs to gamble billions on sprawling back-offices, research and development, marketing and more before it can achieve even that, all for the dream of selling…

Hong Kong-based Geely has sold 600 million primary shares at the bottom of the HK$10.80-HK$11.20 ($1.39-$1.44) price range, or at a 7.85% discount to the last closing price of HK$11.72, according to its release. By  Reuters | Updated: 29-May-20 12:33 PM View Photos Geely is China's most globally high-profile automaker…

C-Suite Rides: Volvo's great gas-powered vehicles are going the way of the dodo (PHOTOS)Read More

The logo of Chinese carmaker Geely Auto is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/FilesHONG KONG/BEIJING (Reuters) - China’s Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a…

CHICAGO, May 27, 2020 /PRNewswire/ -- According to the new market research report "Automotive Piston Market by Component (Piston, Piston Ring, Piston Pin), Material (Steel, Aluminum), Coating Type (Dry Film Lubricants, Thermal Barriers, Oil Shedding), Piston Shape, Vehicle & Fuel Type, Aftermarket and Region - Global Forecast to 2025", published by MarketsandMarkets™, the…

The Great Recession nearly brought the automotive industry to its knees. A decade later, carmakers are reckoning with a new threat: the novel coronavirus, an unforeseen force that has halted production, disrupted sales and caused financial pain to an industry that was able to bounce back from its nadir in…