Volvo Cars launches investment fund aimed at technology start-ups Volvo Cars, the premium car maker, has launched a new investment fund aimed at investing in high potential technology start-ups around the globe. The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the industry, such… Continue reading Volvo Cars launches investment fund aimed at technology start-ups
Tag: Geely
What’s Geely Playing At?
Terms of Service Violation
Your usage has been flagged as a violation of our terms of service.
For inquiries related to this message please contact support.
For sales
inquiries, please visit http://www.bloomberg.com/professional/request-demo
If you believe this to be in error, please confirm below that you are not a robot by clicking “I'm not a robot”
below.
Please make sure your browser supports JavaScript and cookies and
that you are not blocking them from loading. For more information you can review the Terms of Service and Cookie
Policy.
Block reference ID:
Geely Held Informal Talks With Fiat Chrysler Before Daimler Deal
Zhejiang Geely Holding Group Co. held informal talks about the potential takeover of Fiat Chrysler Automobiles NV before the Chinese manufacturer turned its attention toward Daimler AG, according to people familiar with the matter. Li Shufu, the Chinese billionaire who controls Geely, approached the Italian-American carmaker in the middle of last year as he was… Continue reading Geely Held Informal Talks With Fiat Chrysler Before Daimler Deal
Creating Driving Tests for Self-Driving Cars
Illustration: Jude Buffum At a test track east of Gothenburg, Sweden, people are ushered into autonomous vehicles for a test drive. But there’s a twist: The vehicles aren’t actually autonomous—there’s a hidden driver in the back—and the people are participating in an experiment to discover how they’ll behave when the car is chauffeuring them around. At Zenuity—a… Continue reading Creating Driving Tests for Self-Driving Cars
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
Volkswagen increases dividend: Record profit, record sales – but VW remains cautious
All articles and backgrounds 02/23/2018 Volkswagen raises dividend record profit, record sales – but VW remains cautious DPA VW CEO Matthias Müller: More profit, more sales, more dividend Money machine despite the diesel scandal: Europe’s largest car maker Volkswagen Show stock market chart has almost doubled its operating profit in the midst of scandals and… Continue reading Volkswagen increases dividend: Record profit, record sales – but VW remains cautious
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
Chinese major shareholder launches multi-day charm offensive: Li Shufu visiting Daimler, Berlin relaxed
All articles and backgrounds 02/25/2018 Chinese major shareholder launches multi-day charm offensive Li Shufu visiting Daimler, Berlin quite relaxed REUTERS Largest Daimler shareholder on tour: Geely boss Li Shufu launched a multi-day charm offensive in Stuttgart and Berlin shortly after his entry Just yet a competitor, today already a major shareholder and guest in Stuttgart:… Continue reading Chinese major shareholder launches multi-day charm offensive: Li Shufu visiting Daimler, Berlin relaxed
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