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    Shanghai: Detroit Electric, Geely announce strategic partnership for electric vehicles
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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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