Cars
Li Shufu, president of current Volvo owner, China's Zhejiang Geely Holding Group Co., appears to be having some issues with Volvo executives regarding the brand's future plans. According to Auto News Europe, there are two major issues: 1) the types of cars Volvo wants to build, and 2) brand marketing.
- Brand New Geely Suv Looks Promising In First Teaser Photos
Geely owns Volvo, Volvo helps Geely improve its cars - in this case, its SUVs. The Chinese automaker has released three teaser photos of an all-new SUV destined for the local market. Read more »...
- Volvo To Produce S100 Flagship Sedan, Says Geely Boss
It looks like Geely boss Li Shufu isn't the type of person that gives up too easily. Even though Volvo CEOs Stefan Jacoby and Hakan Samuelsson have opposed the idea of a Volvo flagship sedan on grounds that such a car would not fit the brand's...
- China's Geely Completes Takeover Of Volvo From Ford
Chinese carmaker Zhejiang Geely Holding Group Co. (simply known as Geely) completed the purchase of Volvo Cars from Ford Motor Co. on Monday. According to Ford, Geely paid $1.3 billion in cash today and issued a $200 million note for the acquisition...
- Geely Chairman Promises To Liberate Volvo From Its Capitalist Owner / Oppressors
Zhejiang Geely Holding Group Chairman Li Shufu recently had this to say about Volvo and its $1.8 billion purchase from Ford Motor Company: "A tiger belongs to the forest. It belongs to the wild world and not confined in a zoo. We need to liberate...
- Ford And Geely Hit "snag" In Volvo Deal
Trouble's a-brewin' in the Ford/Geely Volvo sale, or so Zhejiang Geely Holding Group Chairman Li Shufu implies. The good news is it doesn't sound too serious. Automotive News states that there may have been a "snag due to problems at...
Cars
Two Shall Enter, One Shall Leave: Geely and Volvo disagree on Volvo's Future
Li Shufu, president of current Volvo owner, China's Zhejiang Geely Holding Group Co., appears to be having some issues with Volvo executives regarding the brand's future plans. According to Auto News Europe, there are two major issues: 1) the types of cars Volvo wants to build, and 2) brand marketing.
Mr. Li thinks Volvo should build larger cars for the Chinese market and go after the premium segment with BMW/Mercedes competitors. Volvo higher-ups, on the other hand, want smaller, more efficient cars that may not necessarily appeal to premium buyers. Li says he's willing to bend a little if the managers running Volvo won't, because "they have brought Volvo to where it is today...They must have good reasons."
- Brand New Geely Suv Looks Promising In First Teaser Photos
Geely owns Volvo, Volvo helps Geely improve its cars - in this case, its SUVs. The Chinese automaker has released three teaser photos of an all-new SUV destined for the local market. Read more »...
- Volvo To Produce S100 Flagship Sedan, Says Geely Boss
It looks like Geely boss Li Shufu isn't the type of person that gives up too easily. Even though Volvo CEOs Stefan Jacoby and Hakan Samuelsson have opposed the idea of a Volvo flagship sedan on grounds that such a car would not fit the brand's...
- China's Geely Completes Takeover Of Volvo From Ford
Chinese carmaker Zhejiang Geely Holding Group Co. (simply known as Geely) completed the purchase of Volvo Cars from Ford Motor Co. on Monday. According to Ford, Geely paid $1.3 billion in cash today and issued a $200 million note for the acquisition...
- Geely Chairman Promises To Liberate Volvo From Its Capitalist Owner / Oppressors
Zhejiang Geely Holding Group Chairman Li Shufu recently had this to say about Volvo and its $1.8 billion purchase from Ford Motor Company: "A tiger belongs to the forest. It belongs to the wild world and not confined in a zoo. We need to liberate...
- Ford And Geely Hit "snag" In Volvo Deal
Trouble's a-brewin' in the Ford/Geely Volvo sale, or so Zhejiang Geely Holding Group Chairman Li Shufu implies. The good news is it doesn't sound too serious. Automotive News states that there may have been a "snag due to problems at...