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Showing posts with label Geely. Show all posts
Showing posts with label Geely. Show all posts

Will China's BYD Bring the F3DM to the U.S. or will this be Just Another Broken Promise?

Monday, February 21, 2011 0 comments

When it comes to making cars, China is king. We’re talking the world’s largest car market, with over a hundred individual marques. So why is it that there are virtually zero Chinese car manufactures selling cars in the U.S. aka the world’s other largest car market?

So far, China’s “Big Four” (well, the four most visible to those outside of China) have made and broken promises of bringing their vehicles to the North American market. Brilliance, Chery, Nanjing and Geely have all backed down from their plans to open dealerships and factories stateside. So far, not a single car from China's major automakers has touched down on U.S. soil outside a motor show.

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Ford Seals Deal with China's Geely, Sells Volvo for $1.8 Billion

Sunday, March 28, 2010 0 comments

For better or for worse, Ford Motor Company has finalized a deal to sell Volvo Cars and related assists (primarily intellectual property) to Chinese automaker Zhejiang Geely Holding Group Company Limited for US$1.8 billion (€1.35 billion at today's exchange rates).

The Detroit company said that the transaction will be made in the form of a note in the amount of US$200 million and the remainder in cash.

It's worth noting that Geely has acquired Volvo at a fraction of what Ford paid for the Swedish automaker at $6.5 billion in 1999.

Ford said that even though Geely owns 100 percent of Volvo, due to the fact that the Swedish automaker's cars share core components and technologies with its own vehicles, it will continue to supply the company with powertrains, stampings and other vehicle components for an undefined period.

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Ford and Geely Hit "Snag" in Volvo Deal

Friday, March 19, 2010 0 comments

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 Ford Motor Co."; regardless, Chairman Li says, "We're ready to seal the deal...If the deal fails, the problem is not on our side. We have not violated any part of the agreement."

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Beijing Show: Geely FC2 & FC3

Friday, April 18, 2008 0 comments
Geely’s never-ending offerings for this week’s 2008 Beijing Auto Show continue with the revelation of two more models called the FC2 and FC3. Based on the same architecture, the FC2 is a compact 5-door hatch while the FC3 is a compact-sized 4-door sedan. The Chinese manufacturer supports that both models meet European standards in terms of crash-test worthiness and emissions, but that’s something that will have to be proven when the two models go on sale on the other side of the Atlantic. –One more pic after the jump

Via: Autoblog.it
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Beijing Show: Geely GC Sedan Concept

Thursday, April 17, 2008 0 comments
We’re not sure how many of Geely’s dozen or so Beijing Auto Show concept cars will actually make it into production, but the GC sedan sure looks like it could be one of them. From what we can tell from the pictures as Geely insists on withholding information on its Beijing Show vehicles, the GC appears to be about the same size as a Legacy - now you all know why we picked the Subaru out of all mid-size sedans... –One more pic after the jump

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Geely to Show NL SUV Concept in Bejing

Friday, April 11, 2008 0 comments
Geely is one of the most active carmakers at this year’s China Auto Show that’s set to take place in Beijing from April 20 to 28 as it’s planning to present a whopping 23 new production models and concepts at its 1500 square meters exhibiting area. Our latest discovery from the Chinese automaker’s Beijing Show stable is the NL Concept, a compact-sized Crossover that looks like a cross between a Chevy and a Ford Kuga SUV. Even so, we must admit that it does look good. –One more pic after the jump

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