Geely

Porsche and Boeing Co. are joining forces to push into the nascent area of urban flights with a plan for a high-end machine capable of vertical takeoff and landing. The pair will create a team to explore the market potential for premium flying vehicles, they…

US-based logistics company FedEx will allow customers to drop off online returns at Walgreens retail locations starting in November 2019, according to TechCrunch. To enable package returns, FedEx will provide Walgreens stores with printers, so that clerks can…

By Hannah ElliottSiblings Susanne Klatten and Stefan Quandt own almost half of Bayerische Motoren Werke AG. The billionaires are descendants of Guenther Quandt, who built a German industrial empire by, among other things, supplying weapons to the Nazis durin…

In this article we are going to estimate the intrinsic value of Geely Automobile Holdings Limited (HKG:175) by taking the expected future cash flows and discounting them to today's value. I will use the Discounted Cash Flow (DCF) model. Don't get put off by t…

Volvo and Geely to merge their existing ICE operations

Volvo’s relationship with its Chinese parent is about to grow even closer. The Swedish car maker and its parent company, Geely, proposes to put an end to separate engine development, with engineering teams from both companies tasked with building common power…

The Swedes may have a reputation for making safe decisions, but Volvo is threatening to upend that with news that it plans to split off its combustion engine production as it refocuses on electrification. The automaker has announced plans with parent company …

An employee moves a completed automobile engine by gantry crane at the Volvo Cars plant in Torslanda, Sweden, on Thursday, Aug. 22, 2013. Volvo Cars Chief Executive Officer Hakan Samuelsson will settle a German investigation into corruption BLOOMBERG NEWS V…

Union contract negotiations between the UAW and General Motors faces yet another setback, Nissan is eating itself alive with financial misconduct allegations, the trade war with China is hitting U.S. rail hard, much more in The Morning Shift for Monday, Octob…

With buyers becoming less and less concerned with what's actually under the hood, Volvo has decided to spinoff its engine department. Volvo announced Monday that it will transfer its engine operations to a new standalone company that will also include the en…