Geely

Business The logo of Swedish automobile manufacturer Volvo is seen at Stierli Automobile AG company in St. Erhard, Switzerland April 11, 2019. REUTERS/Arnd Wiegmann/Files 02 Apr 2020 04:45PM(Updated: 02 Apr 2020 07:50PM) STOCKHOLM: Geely-owned Volvo Cars and auto tech supplier Veoneer will split their jointly owned software venture Zenuity as…

With social distancing changing how we live our lives, car manufacturers are thinking up new ways to deliver cars to customers while reducing face-to-face contact. In China, Geely is using an innovative drone-delivery system while over in the U.S., Tesla has changed the way it is now handing over keys…

Lotus was so quiet during the 2010s that some enthusiasts wonder if it still exists. It's alive, it's healthier than it's ever been in recent memory, and it's orchestrating a major expansion that will put it back in the spotlight. Its renaissance starts with the Evija, an electric hypercar packing…

View photosOne thing we could say about the analysts on Geely Automobile Holdings Limited (HKG:175) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting analysts have soured…

Employees operate on an Emgrand 7 series assembly line at the Geely Automobile Holdings Ltd. factory in Cixi, Zhejiang Province, China, on 21 June, 2012.Qilai ShenChinese carmaker Geely Automobile said it was expecting business to recover in the near-term after a disappointing year as the country's auto industry battled lockdowns…

With China slowly coming out of its lockdown stemming from the coronavirus outbreak, car manufacturers and dealerships across the country are looking to do whatever they can to encourage shoppers back into showrooms, Reuters reports. In February, sales of vehicles in China plunged by 79 per cent and dropped by…

Geely automobile maker logo at the IEEV New Energy Vehicles Exhibition in BeijingBy Yilei Sun and Brenda GohBEIJING (Reuters) - China's Geely Automobile Holdings Ltd said on Monday 2020 may be one of its toughest years yet, as pressure stemming from the coronavirus outbreak on production and sales persists.But it…

FILE PHOTO - A Volvo logo is seen on a rim displayed at a Volvo showroom in Mexico City, Mexico April 6, 2018. REUTERS/Gustavo Graf STOCKHOLM (Reuters) - Sweden’s Volvo Car Group, owned by China’s Geely, scaled back its guidance for the full year, warning that sales, earnings and cash…

STOCKHOLM (Reuters) - Sweden's Volvo Car Group, owned by China's Geely, scaled back its guidance for the full year, warning that sales, earnings and cash flow in the first half of 2020 would decline from a year ago as the coronavirus pandemic weighed on its business.The Gothenburg-based carmaker, which Geely…

STOCKHOLM (Reuters) - Sweden's Volvo Car Group, owned by China's Geely, scaled back its guidance for the full year, warning that sales, earnings and cash flow in the first half of 2020 would decline from a year ago as the coronavirus pandemic weighed on its business.The Gothenburg-based carmaker, which Geely…