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Zhejiang Geely Holding Group
Zhejiang Geely Holding Group
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Zhejiang Geely Holding Group is a Chinese automotive manufacturing company headquartered in Hangzhou, China. Its principal products are automobiles, motorcycles, engines, and transmissions. It sells passengers cars under five brand names: Emgrand, Englon, Geely, Gleagle, and Volvo. Geely acquired Volvo Cars from Ford for US$1.8 billion in 2010. Geely Automobile Holdings Ltd, a subsidiary of Geely, is listed on the Hong Kong Stock Exchange.
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  • By Li Fusheng(chinadaily.com.cn)2017-06-23 13:58

    Zhejiang Geely Holding Group has signed a final contract with DRB-Hicom Berhad, acquiring 49.9 percent shares of the Malaysian company's Proton and 51 percent shares of its sports car brand Lotus, following a binding contract the two inked in late May.The acquisition is expected to be completed in t...

  • By Cai Xiao(China Daily)2017-06-19 07:00

    Overseas M&A's coast on the China-led Belt & Road Initiative, but hit bumps in rising valuations, stricter regulations After the euphoria over outbound M&A, or mergers and acquisitions, last year, it's time to get back to senses this year and stage a recovery next year - that sums up Chinese compani...

  • By Cai Xiao(China Daily)2017-06-14 07:37

    Zhejiang Meili High Technology Co Ltd plans to increase its research and development budget as it bids to become a global power.The spring manufacturer will invest 47 million yuan ($6.9 million) into expanding its technology center in Zhejiang province."It's important to be involved in research and ...

  • By Ben Berg(China Daily)2017-06-10 07:24

    The Bloodhound SSC is set to become the world's first supersonic car - breaking 1,000 miles per hour in the process It all started on a very routine day at London's Science Museum in October 2008, when Richard Noble, Andy Green and a team of carefully assembled specialists announced their latest pla...

  • (China Daily)2017-06-05 07:48

    Zhou Xiaopeng is vice-chief of Alibaba Culture Alibaba Culture and Entertainment Group has appointed Zhou Xiaopeng, former editor-in-chief of Sina, an online media company, as its vice-chairman, Zhou will be in charge of UC Browser, the company's media platform application with more than 600 million...

  • By Li Fusheng(China Daily)2017-05-30 07:52

    As couples plan their second child, SUVs are popular across China In a fast-changing market like China where many popular commodities prove to be fleeting fads, sport utility vehicles or SUVs have been an exception. It seems Chinese people's fascination with them will continue for a while. In the pa...

  • By Jing Shuiyu(China Daily)2017-05-26 07:26

    Workers from Zhejiang Fengrui Engine Co Ltd assemble engines for Geely automobiles in Yiwu, Zhejiang province. LYU BIN / FOR CHINA DAILYPlans to relax foreign ownership limits in key sectors, including automotive electronicsChina is planning to relax foreign ownership limits in key sectors, includin...

  • By Li Fusheng(China Daily)2017-05-25 07:06

    Models unveil the Lotus 410 sport automobile, produced by Group Lotus Plc, a luxury unit of Proton Holdings Bhd, during the 86th Geneva International Motor Show in Geneva, Switzerland, last year. BLOOMBERG VIA GETTY IMAGESZhejiang-based company to take 49.9% stake in Malaysian carmakerChinese automa...

  • By Liu Xingguo And Shen Guiping(China Daily)2017-05-24 07:33

    Since President Xi Jinping proposed the Belt and Road Initiative more than three years ago, China has made cooperation with the economies along the Belt and Road a top priority. Last year, China's non-financial direct investment in the economies along the Belt and Road reached $14.5 billion, account...

  • By Li Fusheng(China Daily)2017-05-22 09:59

    Workers check auto parts at Geely's plant in Montevideo, Uruguay. XU ZIJIAN / XINHUADomestic producers increasingly focus on overseas markets, in bid to internationalize industryChinese carmakers are accelerating their global expansion plans, especially in countries along the route of China's Belt a...

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