Peter Horbury, Geely’s global head of design since 2011, reckons few things about the car business surprise him these days. We’re chatting comfortably on Ford’s Geneva motor show stand, surrounded by Blue Oval-badged cars Horbury didn’t design, yet some of the Alnwick-born master-designer’s comfort with life undoubtedly flows from the fact that over a 45-year… Continue reading Peter Horbury: the British designer behind fast-growing Geely
Tag: Lotus
Daimler Says Future Deals With Geely Hinge on China Partner BAIC
Daimler AG’s largest shareholder, Zhejiang Geely Holding Group Co., discussed plans for its stake purchase with the German carmaker’s Chinese partner before buying the stock, setting the stage for future cooperation with the new investor, Chief Executive Officer Dieter Zetsche said. Geely’s move may revive Beijing-based BAIC Motor Corp.’s earlier interest in acquiring a holding… Continue reading Daimler Says Future Deals With Geely Hinge on China Partner BAIC
28 Feb 2018 Driveline GKN Driveline begins testing revolutionary ‘All Twinster’ plug-in hybrid SUV
Re-engineered ‘technology demonstrator’ SUV features GKN’s unique Twinster torque vectoring on all four wheels Modified Mercedes-AMG GLA 45 has mechanical Twinster on front axle and eTwinsterX at the rear Demonstrator showcases the company’s leadership in eDrive, All-Wheel Drive and systems integration Plug-in hybrid has ‘sailing’ capability to lower CO2 emissions and also features a pure… Continue reading 28 Feb 2018
Driveline
GKN Driveline begins testing revolutionary ‘All Twinster’ plug-in hybrid SUV
CEO of Geely-owned Volvo Cars loses board seat at truck maker after Li Shufu buys Daimler stake
Swedish truck maker AB Volvo dropped the chief executive of Volvo Cars from its board after Chinese billionaire Li Shufu, founder and chairman of Zhejiang Geely Holding Group, bought a 9.7 per cent stake in German car manufacturer Daimler. The move is the latest sign that the global auto industry is ratcheting up pressure on… Continue reading CEO of Geely-owned Volvo Cars loses board seat at truck maker after Li Shufu buys Daimler stake
Aston Martin is looking for a shoulder to lean on
Even James Bond always ends up relying on someone, or someone. Aston Martin has regained its luster, but the British manufacturer of luxury cars dear to the secret agent has still been thinking of finding a shoulder, by the end of the year perhaps. “We are building a company that can survive by selling at… Continue reading Aston Martin is looking for a shoulder to lean on
Aston Martin Posts First Profit in Eight Years
Aston Martin Holdings Ltd. is looking for a “big brother” partner in order to survive as a low-volume, luxury carmaker, even after it posted its first profit in eight years and prepares for a potential initial public offering. The manufacturer famous for making film spy James Bond’s favorite car could use a combination of capital… Continue reading Aston Martin Posts First Profit in Eight Years
China’s Geely Buys $9 Billion Daimler Stake
The billionaire founder of Zhejiang Geely Holding Group Co. has accumulated a stake worth about 7.3 billion euros ($9 billion) in Daimler AG, marking the biggest investment in a global automobile manufacturer by a Chinese company. Li Shufu acquired the 9.7 percent holding through Geely Group, a company owned by the 54-year-old and managed by… Continue reading China’s Geely Buys $9 Billion Daimler Stake
Geely boss Li Shufu speaks of prolonged engagement – and does not see himself as a competitor: what the “Henry Ford China” intends to do with Daimler
All articles and backgrounds 02/24/2018 Geely boss Li Shufu speaks of a longer commitment – and does not see itself as a competitor What Daimler’s new major shareholder from China sets REUTERS Largest Daimler shareholder – and at the same time a competitor: Geely CEO Li Shufu wants to promote electromobility with the people of… Continue reading Geely boss Li Shufu speaks of prolonged engagement – and does not see himself as a competitor: what the “Henry Ford China” intends to do with Daimler
China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent
Chinese carmaker Zhejiang Geely Holding Group has reportedly spent US$3 billion for a stake of just under 3 per cent in German carmaker Daimler as it aims to become a global player. The shares, which were bought on the secondary market according to Reuters, provides further evidence that Geely, controlled by billionaire Li Shufu, is… Continue reading China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent
Former Lotus boss opens new Ares Design headquarters in Modena
Dany Bahar, chief executive of Lotus from 2009 to 2012, is using a former Fiat and Alfa Romeo dealership building for his new company Former Lotus boss Dany Bahar has officially opened an impressive new headquarters in Modena, Italy, for Ares Design, the customisation and coachbuilding company he set up In 2014, soon after leaving… Continue reading Former Lotus boss opens new Ares Design headquarters in Modena