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Last updated on April 21, 2014 at 5:21 EDT

Latest Zhejiang Geely Holding Group Co. Ltd. Stories

2013-07-31 08:27:21

The 2013 Global Brand Summit and Chinese Best Global Brands Awards Ceremony NEW YORK, July 31, 2013 /PRNewswire/ -- On July 17, 2013, the opening of the Global Brand Summit and China's Best Global Brands Awards Ceremony, which was jointly organized by China's leading financial newspaper The 21st Century Business Herald and the China Brand Research Center of Zhongshan University, under the guidance of the Shenzhen International Chamber of Commerce, took place at the Westin Hotel,...

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...

2013-04-25 12:21:34

SHANGHAI, April 25, 2013 /PRNewswire/ -- Geely Automobile Group, a prominent China-based global car manufacturer, and Detroit Electric Inc., a leading electric vehicle manufacturer, have announced at the Shanghai Motor Show that the two companies have entered into strategic partnership to co-develop pure electric vehicles and related electric drive systems for the Chinese market. (Photo: http://photos.prnewswire.com/prnh/20130425/DE01735) Under the terms of the partnership the first model...

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...

2013-02-20 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...

2013-01-07 08:21:15

HANGZHOU, China, Jan. 7, 2013 /PRNewswire/ -- Zhejiang Geely Holding Group set a new export sales record in December with 11,000 cars being exported during the month, which also helped the company increase its export sales over the course of 2012 by 164 percent. According to figures released by the China Association of Automobile Manufacturers (CAAM), in the first eleven months of 2012 Chinese self-developed brands exported 470,000 passenger vehicles in total - with automotive...

2012-05-22 02:20:24

SINGAPORE, May 22, 2012 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today changes to its joint venture entered into by its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL") with Zhejiang Geely Holding Group Co., Ltd. ("Geely") and Zhejiang Yinlun Machinery Co, Ltd. ("Yinlun"). Pursuant to the Equity Joint Venture Agreement entered into between GYMCL, Geely and Yinlun, two...

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...

2009-12-23 05:22:00

HANGZHOU, China, Dec. 23 /PRNewswire-Asia/ -- Zhejiang Geely Holding Group Co., Ltd. (ZGH), a privately-owned Chinese automotive group, today announced it has settled all substantive commercial terms with Ford Motor Company relating to the proposed acquisition of Volvo Car Corporation. Geely, one of the fastest-growing car manufacturers in China, now expects to sign a definitive stock purchase agreement with Ford in the first quarter of 2010, paving the way for potential completion...