"geely automobile holdings annual report 2010"
Geely Automobile Holdings
Geely Automobile Holdings Net Worth is 2.6 $Billion. Geely (officially Zhejiang Geely Holding Group) is a Chinese automotive manufacturing company headquartered in Hangzhou, China. Its principal produ. Geely (officially Zhejiang Geely Holding Group) is a Chinese automotive manufa...

Geely Automobile Holdings Net Worth is 2.6 $Billion.

Geely Automobile Holdings Net Worth is 2.6 $Billion. Geely is a Chinese automotive manufacturing company headquartered in Hangzhou, China. Its principal produ Geely is a Chinese automotive manufacturing company headquartered in Hangzhou, China. Its principal products are automobiles, motorcycles, engines, and transmissions. It sells passengers cars under five brand names: Emgrand, Englon, Geely, Gleagle, and Volvo. Geely acquired Volvo Cars from Ford for US$1.8 billion in 2010.Geely Automobile Holdings Ltd ae? 1/2 e 1/2 ?; pinyin: JA-lA? QA?chA?) , a subsidiary of Geely, is listed on the Hong Kong Stock Exchange.
Geely ; pinyin: JA-lA?) means "auspicious" or "lucky" in Mandarin Chinese.
Founding Geely in 1986 as a refrigerator-maker with money borrowed from family,Li Shufu transformed his company into a successful private automaker selling cheap products to Chinese consumers. A pioneer private Chinese automaker, in 2003 it remained the only domestic car manufacturer to lack ties to the Chinese state.
After the purchase of a failing, state-run f...
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Geely Automobile Holdings Latest News

Geely Holding acquires Proton and Lotus

... reached an agreement with China-based Zhejiang Geely Holding Group Co., Ltd (Geely Holding) for the Chinese car group to acquire a 49.9 percent equity in Proton Holdings Berhad. DRB-HICOM currently owns 100 percent of Proton. The two parties signed ...
Posted: May 24, 2017, 3:22 am

China’s auto giant Geely to buy half of Malaysia’s Proton, nabs Lotus in the process

As part of the deal, Geely Automobile Holdings Ltd. will acquire Proton’s stake in British automaker Lotus. The deal gives Geely access to a distribution network in Southeast Asia, where non-Japanese brands have struggled. Proton gets a financially ...
Posted: May 24, 2017, 6:38 am

Geely agrees to take 49.9% stake in Proton, 51% in Lotus

Chinese automaker Zhejiang Geely Holding Group has announced it has reached a "definitive agreement" with DRB-HICOM Bhd of Malaysia to take a 49.9% stake in Proton Holdings Bhd ... accumulated through Volvo Car's revitalization, we also aim to unleash ...
Posted: May 24, 2017, 11:42 am

UPDATE 2-China's Geely buys 49.9 pct of Malaysian automaker Proton

Zhejiang Geely Holding Group Co Ltd, parent of Hong Kong-based Geely Automobile Holdings Ltd, will also acquire 51 percent of Proton's stake in British car maker Lotus, the companies said, without disclosing the value of the deals. The investment comes on ...
Posted: May 24, 2017, 4:59 am

Meet Proton’s new foreign strategic partner, Geely Automobile – 49.9% stake

We’re almost at the end of the line with this one. DRB-HICOM announced that Proton Holdings’ new foreign strategic partner will be Geely Automobile, one of at least five bidders for the spot. The Chinese giant is agreeable to a 49.9 percent stake and ...
Posted: May 25, 2017, 1:07 am
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