Volvo’s shares crash to all-time low as China’s Geely cuts stake
2023年11月17日 · Shares in Volvo Cars tumbled as much as 13% Friday to hit a record low after its biggest shareholder Geely sold part of its stake at a discount to the market value.
Volvo Cars to take full ownership of its Chinese manufacturing …
2021年7月21日 · Volvo Cars has signed an agreement with its parent Geely Holding to acquire Geely Holding’s stake in the companies’ joint ventures in China, with the aim of taking full ownership of its car manufacturing plants and sales operations in the country.
Volvo Cars and Geely to deepen partnership and establish joint …
According to a Memorandum of Understanding signed today, Volvo Cars, Geely Auto and LYNK & CO will share vehicle architecture and engine technologies via cross licensing arrangements of technologies managed by the new joint venture.
Geely ditches Volvo merger but still needs its partner to go global - CNN
2021年2月25日 · Geely has scrapped plans to merge its business with Volvo and will now focus its global ambitions on a joint venture with the Swedish carmaker on connected cars. China’s largest independent...
Volvo and Geely Are Thinking about Merging: Here's What's ... - Autoweek
2020年2月11日 · Back in 2010, Volvo was purchased from Ford by Zhejiang Geely Holding Group, Geely's parent company, in the wake of the auto industry crisis. After a decade of mostly hands-off management,...
Geely to deepen ties with Volvo, plans to list under one umbrella
Geely Automobile <0175.HK> and its sister company Volvo Cars are planning to merge and list in Hong Kong and possibly Stockholm, giving Volvo access to public markets after it dropped a move...
Volvo Cars to share engine technology and more with parent Geely ...
2017年8月4日 · Sweden's Volvo Cars, a unit of Zhejiang Geely Holding Group, has agreed to make some engines available for Geely-branded vehicles, sources said, deepening ties between the carmakers who...
Geely and Volvo to launch powertrain venture after merger …
China's Geely Automobile and its Swedish sister company Volvo Cars will abandon merger plans but launch a new entity to combine their powertrain operations and expand cooperation on electric...
Geely, Volvo deal considered 'one of the most successful mergers …
2021年10月4日 · Volvo Cars, the Swedish automaker which is owned by China's Zhejiang Geely Holding Group Co, is reportedly finishing plans for an initial public offering (IPO) that could value the carmaker at...
Volvo Cars – Zhejiang Geely Holding Group - ZGH
On October 29 2021, Zhejiang Geely Holding Group (Geely Holding), China’s largest private-owned automotive group, welcomed new equity investors to Volvo Cars following the completion of an initial public offering on the Nasdaq Stockholm exchange valuing the Swedish premium automotive group at SEK 158 billion.