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0Report: Detroit Electric, Geely announce strategic partnership for electric vehicles 1367784000
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 (pictured above). Instead, Detroit Electric and Geely will co-develop more normal passenger vehicles from Geely's ...
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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-per cent equity stake. Although it's taken three months ...
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Report: Volvo agrees to transfer tech to Chinese 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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Report: Volvo CEO Jacoby suffers mild stroke, takes leave 1348495200
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: Plans for 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: Geely announces US$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 US$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 ...
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Featured: 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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Rumormill: Volvo bidding for (parts of) Saab 1330100940
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 ...
