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0Report: Volvo designer Horbury headed to China with Geely 1320330480
When you think of designer Peter Horbury, Volvo follows logically. Soon, we'll all have to expand our thinking to leap from mention of Mr. Horbury to Chinese automaker (and Volvo owner) Geely. The well-regarded designer has been linked with Volvo for decades, and now he's reportedly adding styling ...
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Geely channels London's iconic taxi with Englong SC7-RV for Shanghai 1302903000
Chinese automaker Geely is part owner of Manganese Bronze, which makes the famous black taxi cabs for the UK and Chinese markets. But while a pricey cab makes sense for the UK, a high-dollar cab in China isn't always profitable. For that reason, Geely will introduce the Englong SC7-RV next week ...
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Report: Volvo moves away from 'premium' image 1291058820
Volvo should no longer be lumped into the premium category, according to the wishes of CEO Stefan Jacoby. It's not that the cars aren't good, but according to Autocar, Jacoby thinks it sends the wrong message. "It sounds like a pricing strategy, and it's got an expensive ring to it," he tells the ...
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Yes or No? Jacoby reportedly says Volvo isn't ready for a 7 Series rival 1288625520
Just days after Geely purchased Volvo from Ford, the Chinese automaker's chairman, Li Shufu, proclaimed that the Swedish automaker needed a 7 Series fighter. Shufu's idea makes a lot of sense, at least in the large car-loving China market, where Volvo leadership wants to push a lot more metal. ...
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Geely-owned Volvo seeks €600 million EIB loan 1284228720
2011 Volvo S60 - Click above for high-res image galleryVolvo received a €200 million loan from the European Investment Bank in March of this year, and sought another €300 million to cement its finances as it navigated the process of being sold by Ford. The rest of the funds were put on ... -
Report: Geely to be dissolved by 2012 1283891460
Geely Automotive Holdings, one of the four largest automakers in China, has announced that it will dissolve the Geely brand by 2012. The other brands under the Geely umbrella are Gleagle, Emgrand, Englon and now Volvo. The goal is to let the sub-brands emerge and strengthen sales while the Geely ... -
Report: Volvo's new chairman wants 7-Series, S-Class rival 1280943060
2011 Volvo S60 – Click above for high-res image galleryGeely isn't wasting any time in shaping up its newest acquisition's product line. The Chinese automaker officially completed its deal to purchase Volvo from Ford earlier this week, and already the Swedish brand's new chairman is making ... -
BREAKING: Ford officially sells Volvo to Geely for $1.8b 1280749560
2011 Volvo S60 – Click above for high-res image galleryAfter months of protracted negotiations, Ford has officially sold Volvo to Zhejiang Geely Holding Group Company Limited – aka Geely – for $1.8 billion. The Chinese automaker originally included a $200 million note and the ... -
EU reportedly clears Volvo's sale to Geely 1278539940
2011 Volvo V60 – Click above for high-res image galleryVolvo and Geely have taken another step toward holy matrimony. The European Union has officially approved the Chinese company's takeover of the Swedish manufacturer. The EU found that the move wouldn't stifle competition within its ... -
Volvo reportedly considering poaching Saab boss for CEO post 1275687120
With Volvo forever separated from Ford, the Swedish automaker needs of a new leader, and a report from Automotive News shows that that search may start and end in the country's own back yard. Swedish Business daily Dagens Industri claims Jan Ake Jonsson, the current CEO of Saab, is on the short ...
