geely

Geely sales beat revised 2020 target

Published: January 28, 2021

Sales of Geely Auto and Lynk & Co brands totalled 1,320,217 units in 2020, beating the Chinese Group’s revised annual target.

Volvo and Geely could merge into one company

Published: February 11, 2020

Volvo Cars and Geely Automobile said they are considering a merger to create a single global group so as to accelerate financial and technological synergies between the two companies.

Geely becomes Daimler’s largest single shareholder

Published: March 5, 2018

The Chinese automotive manufacturer has acquired a 9.69% stake in Germany’s Daimler, the manufacturer of the Mercedes and Maybach premium car brands.

Daimler rejects Geely’s stake offer

Published: December 6, 2017

Germany headquartered Daimler, owner of the Mercedes-Benz brand, has rejected an offer from Chinese automotive manufacturer, Geely, to buy a 5% stake in the Company.

Geely to hold majority stake at Lotus Cars

Published: May 25, 2017

Chinese automotive manufacturing Group Geely is to acquire a 51% in sports car maker Lotus Cars.

Geely sales boosted by tax cut in China

Published: December 8, 2016

Geely Auto, a subsidiary of Geely Auto Group and owner of Volvo, delivered a total of 102,400 units in November 2016, surpassing the 100,000 units for the first time in the company’s history.

Geely Auto Group launches new global car brand

Published: October 24, 2016

Geely Auto Group has announced the launch of a new global car brand, designed and made in Sweden, with the ambition to challenge the conventions of the automobile industry.

Geely to launch new car brand

Published: April 15, 2016

Co-designed with Volvo, the automotive manufacturer is said to launch a new car brand for the domestic Chinese market in 2017.