Geely

If it’s one thing to note about mankind, it is its ability to resist change. When it comes down to it, the more controversial the adjustments, the stronger the resistance. Like a bad breakup, if you will. A little over a year ago, Volvo revealed its plans to implement a…

The first 500 units of the all-electric Aiways U5 SUV are on their way to Europe. Their arrival will mark the first batch of Made-in-China EVs to be put on European roads, paving the way for a new level of affordability for long-range electric vehicles. The market introduction of the…

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…

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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…