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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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Report: Unidentified companies 'showing interest' in Saab, but Geely isn't one of 'em 1317997740
The Saab story continues. Automotive News and Bloomberg report that all isn't well with the Swedish automaker's Chinese suitors. Saab still hasn't received the $93 million it needs to continue to operate while it undergoes restructuring. The cash was originally supposed to come from Zhejiang ...
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Report: Volvo considering building cars in North America 1316437140
Volvo is mulling a U.S. factory to offset some of its exposure to fluctuations in the dollar. One thing the automaker definitely will be doing is expanding its presence in the U.S., and a manufacturing facility would certainly make that way easier. A U.S. Volvo plant would join factories in ...
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Volvo earns $103M in Q1, $370 million for CY 2010 1305237660
Volvo has posted a solid first quarter, with earnings jumping to $103 million. That's nearly double the Q1, 2010 totals, in part due to continued strong demand for its XC60 crossover. The Geely-owned automaker expects the revenue to continue to flow throughout 2011, as the automaker is hoping to ...
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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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Video: Volvo teases Concept Universe for Shanghai 1302897540
Volvo has ambitious plans to double its current volume by 2020, and a big component of that plan is to penetrate the Chinese auto market. That plan makes abundant sense given the booming Chinese market, and it helps that the automaker is now owned by China's Geely. A major step toward reaching ...
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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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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 ...
