Latest Zhejiang Geely Holding Group Co. Ltd. Stories

2009-10-28 06:38:00

HANGZHOU, China, Oct. 28 /PRNewswire-Asia/ -- Zhejiang Geely Holding Group Co. Ltd., a privately-owned Chinese automotive company, today welcomed Ford Motor Company's decision to name it as the preferred bidder for Volvo Car Corporation. Geely, having built one of the fastest growing automotive car companies in China, will now embark on further detailed discussions with Ford, paving the way for a potential acquisition of Volvo that will enshrine management independence at the famous...

Word of the Day
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.