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Last updated on April 18, 2014 at 10:16 EDT

Latest Li Shufu Stories

2014-04-08 20:20:46

Leading Chinese marketers to speak at the 43rd IAA World Congress NEW YORK, April 8, 2014 /PRNewswire-USNewswire/ -- The International Advertising Association (IAA) hosts its 43(rd) IAA World Congress from May 8-10(th) 2014 at the China National Convention Centre in Beijing. http://photos.prnewswire.com/prnvar/20140408/DC01175LOGO Sir Martin Sorrell, CEO, WPP Plc leads a global speaker line-up of international and Chinese companies and brands. Faris Abouhamad, IAA Chairman and...

2013-09-12 08:20:24

COVENTRY, United Kingdom, Sept. 12, 2013 /PRNewswire/ -- The London Taxi Company today restarted production of the famous black cab, six months after the business was rescued by Geely Group of China. (Photo: http://photos.prnewswire.com/prnh/20130912/CN78631 ) Following a significant improvements to LTC's manufacturing facilities in Coventry and the creation of around 65 new jobs, the company has once again commenced the building of new TX4 models on its production line. Geely Group...

2013-08-19 08:20:58

HANGZHOU, China, August 19, 2013 /PRNewswire/ -- Zhejiang Geely Holding Group ("Geely Group"), the leading Chinese automobile manufacturer, is excited to announce Geely Automobile Holdings Limited ("Geely Automobile") export volumes reached 12,420 in July 2013, the first time it has achieved the largest number of exports among domestic automotive brands. Geely Automobile's total export volume from January to July 2013 was 62,861 units, an increase of 27% year on year, despite a...

2013-07-19 08:22:11

EX7, SC7 and other popular models first in line for production BEIJING, July 19, 2013 /PRNewswire/ -- On July 16, during the visit of Belarusian President Alexander Lukashenko to China, a number of joint venture agreements reflecting the economic cooperation between the two countries were signed in Beijing. As part of this, Zhejiang Geely Holding Group Chairman Li Shufu and Belarusian Minister of Industry Katerinich D.S. signed the "Geely-Belarus joint venture agreement on the...

2013-03-29 08:21:10

In the news release, Geely and Kandi Announce New Green Partnership, issued 28-Mar-2013 by Zhejiang Geely Holding Group Co., Ltd. over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read, "Geely and Kandi Technology Corporation announced ..." rather than "Geely Holdings and Kandi Technology Corporation announced ..."; and first sentence, second paragraph, should read, "... with initial invested capital reaching 1 billion yuan, ... " rather than...

2013-03-28 08:21:21

Company to be based in Zhejiang Province HANGZHOU, China, March 28, 2013 /PRNewswire/ -- Geely Holdings and Kandi Technology Corporation announced the creation of a framework of cooperation on March 22 which will see the two companies work together in a new joint venture company involved in the research and development, production, investment, and marketing of electric vehicles. The new company will be formed with Geely's subsidiary, Shanghai Maple Auto, and Kandi with initial...

2013-03-25 08:20:14

Net Profit Up 32% to RMB2.04 Billion HONG KONG, March 25, 2013 /PRNewswire/ -- Geely Automobile Holdings Limited ("Geely Automobile" / "The Group") (Stock code: 175) announced the annual results for the year ended 31 December 2012. During the year, the total revenue increased by 17% to RMB24.63 billion. After accounting for non controlling interests, net profit attributable to shareholders of the Group was up 32% from RMB1.54 billion in 2011 to RMB2.04 billion in 2012. The strong...

2013-02-20 12:20:10

GOTHENBURG, Sweden, Feb. 20, 2013 /PRNewswire/ -- Geely Holding, majority owner of Volvo Car Corporation (Volvo Cars) and Geely Auto, will establish a Research and Development Centre in Gothenburg, Sweden. The Centre will develop a new modular architecture and set of components for future C-segment cars, addressing the needs of both Volvo Cars and Geely. The Centre will be run by Mats Fagerhag, currently Vice President at Product Strategy within Volvo Cars, and leverage on the Volvo...

2010-08-02 05:01:00

HANGZHOU, China and GOTHENBURG, Sweden, Aug. 2 /PRNewswire-Asia/ -- Zhejiang Geely Holding Group Co., Ltd. ("Geely Holding Group"), one of the fastest-growing car manufacturers in China, today announced it has completed the acquisition of 100 per cent of Volvo Car Corporation ("Volvo Cars") from Ford Motor Company. Geely also announced that Stefan Jacoby, the Chief Executive of Volkswagen Group of America, would become President and Chief Executive Officer of Volvo Cars. Li...