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0Shanghai: Detroit Electric, Geely announce strategic partnership for electric vehicles 1366919100
The revived Detroit Electric company will be partnering with China's Geely, but the mission is not to cooperate on bringing the all-electric Tesla Roadster-like SP:01 to market. Instead, Detroit Electric and Geely will co-develop more normal passenger vehicles from Geely's Emgrand brand, ...
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Study: China still 10 years away from globally competitive car company 1361827740
It may be a spell before Chinese automakers are capable of turning out a globally competitive vehicle. That's the findings of a sprawling 200 page report by Bernstein Research. The group went through the trouble of purchasing two Chinese-made cars, importing them to Europe and disassembling them ...
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Report: London Black Taxi manufacturer sold to China's Geely 1359985500
Geely, the Chinese company that also owns Volvo, now owns Manganese Bronze Holdings (MBH), makers of London's Black Cab. MBH went into administration late last year, and some had looked to Geely to rescue the company in which it had a 19.7-percent equity stake. Although it's taken three months to ...
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Report: Volvo agrees to transfer tech to new parent Geely 1355268660
Following the acquisition of Volvo by China's Zhejiang Geely Holding Group in 2010, we definitely saw this news coming. The two companies have signed an agreement that will give Chinese automaker Geely access to key technologies developed by Volvo, and in turn, the deal could help the Swedish ...
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Report: London Black Cab maker struggling for survival 1351107180
The roots of London's Black Cab dig all the way back to the Austin FX3 of 1948, the current overall shape recognized by any modern visitor to London showing up in 1958 on the Austin FX4. Manganese Bronze Holdings Plc has been the company behind the Black Cab since 1984, but failing to invest in ...
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Rumormill: Boardroom battles may be hurting Jacoby's bid to turn Volvo around 1349445600
Escalating tensions between Volvo CEO Stefan Jacoby and Volvo Vice Chairman Hans-Olov Olsson may be working against the Swedish brand's stated goals of regaining lost European market share, as well as remaining relevant as a luxury brand on the world stage. Reports indicate that Jacoby and ...
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Report: Volvo CEO Jacoby suffers mild stroke, takes leave 1348492440
Reuters reports that Stefan Jacoby, CEO of Volvo, has suffered a mild stroke. It happened last week, and although Jacoby says he has limited movement in the extremities on his right side, he says he's already begun improving. Jacoby, 54, is "under medical supervision" and will be on sick leave ...
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Report: Volvo XC90 to become Geely 1337292060
Volvo recently unveiled yet another model year of the impossibly old XC90 – promised to be the final one before a complete redesign. But the overripe vintage of the first SUV to fall from Volvo's vine isn't stopping corporate parent Geely from absconding with the platform to launch a new ...
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Report: Chinese automakers hope to boost exports 1337086620
We've heard for years that Chinese automakers hoped one day to export their wares to the United States. Ironically, the global economic slowdown could be what gives the Chinese incentive to finally make it happen. Chinese automakers ramped up production capacity to meet surging demand at home ...
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Report: Geely announces $11 billion investment in Volvo 1333980000
Volvo is poised to rapidly inflate its presence in China, and it believes the way forward is through an $11 billion spending plan. "We want to revive Volvo and give the brand its strength back," says Li Shufu, Chairman of Geely Automobile Holdings. Speaking with German magazine Wirtschafts Woche, ...
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Report: NBA sensation Jeremy Lin talking to Volvo about sponsorship deal 1331731740
Linsanity's next stop could be your local neighborhood Volvo dealer. If you live in China, that is. According to a report by Bloomberg, Jeremy Lin, the sophomore NBA sensation is in talks with the Chinese-owned carmaker about signing up to endorse the brand overseas. Lin, the bilingual point ...
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Official: Volvo replaces Peter Horbury with ex-VW designer 1331641800
Volvo has chosen former Volkswagen designer Thomas Ingenlath to replace Peter Horbury as the head of the Swedish brand's design department, the latter having moved up the ladder to oversee design work at Volvo's corporate parent, Geely. Ingenlath was with the VW Group for 20 years and did stints ...
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Rumormill: Volvo bidding for (parts of) Saab 1330099140
Volvo is reportedly interesting in getting out its checkbook in search of a production parts bargain over at Saab. No, the 9-5 likely won't be wearing a Volvo badge any time soon, but the tooling that helped build parts for the big sedan could one day be in a Volvo factory. SaabsUnited quotes an ...
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Report: 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. ...

