Geely Automobile Holdings Ltd

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Geely Automobile Holdings Ltd. is an investment holding company, which engages in the research, production, marketing and sale of sedans and related automobile components. It operates through the following geographical segments: People's Republic of China, Malaysia, Eastern Europe, Middle East, Africa, Central and South America, and Other Countries. The company was founded on January 1, 1973 and is headquartered in Hong Kong.

Volvo AB

Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China's first global auto giant.

Fuelled by Volvo, China's Geely seeks launchpad to enter auto giant orbit

Plans to publicly list Geely and Volvo as a merged company have been put on hold with the Coronavirus pandemic’s crushing of new car sales in the first half of 2020.

Coronavirus Kicks Volvo’s Geely Merger To The Side Of The Road

Volvo Cars said on Wednesday it was recalling nearly 2.2 million cars built between 2006 and 2019 to address a potential issue with cables attached to their front seat belts in the automaker's biggest ever recall.

Geely's Volvo announces its biggest ever recall over seat belt cable

Volvo Cars, owned by China's Geely Holding, said on Wednesday it sold 40% more cars in May than in April, as restrictions to contain the spread of the COVID-19 pandemic started to ease in several markets.

Geely's Volvo Cars sales soar 40% in May vs month-ago as virus curbs ease

Tesla

Polestar, the premium electric vehicle maker owned by China's Geely, plans to open 20 showrooms in the mainland, as it prepares for delivery of its Polestar 2 electric sedans to compete with Tesla Inc's locally made Model 3.

Geely's Polestar to open 20 showrooms in China to compete with Tesla

SHANGHAI Reuters) - Polestar, the premium electric vehicle maker owned by China's Geely, plans a big expansion of its showroom network in the mainland, sources said, as it prepares for delivery of cars to compete with Tesla Inc's locally made Model 3.

Geely's Polestar plans China showroom expansion to compete with Tesla: sources

Geely Automobile Holdings Ltd  said on Friday it raised HK$6.48 billion ($836 million) from a share placement as the Chinese automaker looks to replenish its coffers to finance growth in the world's largest auto market.

China's Geely raises $836 million from share sale

China's Geely Automobile Holdings Ltd  has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters.

China's Geely Automobile launches share placement of up to $859 million

In an announcement on Friday, Geely’s (HKG: 0175) Chairman, Li Shufu, said that the company is considering a deeper collaboration with German luxury car manufacturer, Daimler AG (ETR: DAI). In 2018, Geely had made a sizeable investment to get a 9.69% stake in the Mercedes owner.

Geely to consider a broader partnership with Daimler

China's Geely will explore the possibility of deeper cooperation with German luxury automaker Daimler AG , its Chairman Li Shufu said on Friday.

China's Geely to explore deeper cooperation with Daimler: chairman

Volvo Car Group, owned by China's Geely Holding, said on Wednesday it was giving notice of redundancy to 1,300 white-collar workers in Sweden as the impact from the pandemic increased the urgency of lowering structural costs.

Geely's Volvo Cars gives notice to 1,300 white-collar staff in Sweden

 —First 30x Model Released via Online Launch Ceremony—  —Available for Pre-Order Immediately—

Geely-Kandi Affiliate Fengsheng Automotive Introduces Pure Electric SUV Maple 30X

Chinese carmaker Geely Automobile said it was expecting business to recover in the near-term after a disappointing year as the country's auto industry battled coronavirus lockdowns and trade tariffs.

Chinese automaker Geely says it's on track to meet output target despite 2019 profit miss

Sweden's Volvo Car Group, owned by China's Geely, scaled back its guidance for the full year, warning that sales, earnings and cash flow in the first half of 2020 would decline from a year ago as the coronavirus pandemic weighed on its business.

Geely's Volvo Cars warns virus outbreak to hit 2020 earnings

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Based on China alone a substantial decline in automotive is justified. As detailed below, exposure varies across OEMs and Tier Is. There is no single, simple bottom line for investors.

Coronavirus China: Impact On Global Automotive

Chinese automaker Geely [GEELY.UL] has launched a service for customers to buy cars online and get them delivered directly to their homes, in a bid to drum up sales as the coronavirus outbreak prompts buyers to stay away from showrooms.

China's Geely starts online auto sales as virus epidemic keeps buyers at home

Any merger would preserve each of the combined automaker's brands, such as Polestar and Lynk & Co.

Volvo and Geely discuss outright merger of businesses

Chinese automaker Geely is discussing a full merger with Volvo, which could mark the beginning of the first global Chinese car manufacturing powerhouse, a significant milestone for the auto industry.

Proposed Volvo-Geely merger could create China's first global auto powerhouse

China's Geely Automobile  and Volvo are in talks about combining their businesses to create a stronger global carmaker with listings in Hong Kong and possibly Stockholm.

Geely targets expansion by tightening ties with Volvo

China's Geely Automobile  said on Monday it is in early discussions with Sweden's Volvo Car AB about combining the two businesses into a global carmaker with listings in Hong Kong and Stockholm.

Geely Automobile in talks with Volvo to tighten ties

China’s Geely Automobile Holding held talks with Aston Martin management and investors as it considers investing into the British luxury carmaker,

China's Geely in talks to take stake in Aston Martin: FT

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Footwear, sports drinks, and cars could be the big new global products landing on our doorstep soon.

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A closer look for investors at Geely Automobile Holdings Ltd, one of China's largest carmakers, and how it's adapting to change.

Geely Automobile: China’s Leading Car Stock

Geely shares have remained very volatile; while the company continues to gain share in the domestic Chinese auto market, sales have been quite weak so far this year.

Geely Trying To Stay Between The Lines In A Turbulent Chinese Market

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for Geely Automobile Holdings Ltd Stock (GELYY)