[Stay on top of transportation news: Get TTNews in your inbox.] Shares of truck maker Volvo AB dropped as much as 5.9% in Stockholm on April 19 on news that China’s Zhejiang Geely Holding Group had ...
Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. is in talks with banks for a syndicated loan to refinance borrowings related to its acquisition of a stake in Volvo AB in 2018, ...
Polestar's future is looking a whole lot better after the company secured a $600 million loan facility to help it keep on ...
This Chinese brand that’s been in the UK for two decades through controlling stakes in Lotus and Volvo now sells its own ...
BEIJING — China’s government has made it harder to move money overseas. It has said it would punish companies for investing in certain sectors. It has told firms to report all cross-border deals.
Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. sold a $350 million stake in Volvo Car AB, responding to investor concerns about the automaker’s limited free float. Geely, which owns a ...
Chinese carmaker Geely Auto UK will finish the year ahead of target with the appointment of of its 55th dealer. Having ...
Shares of truckmaker Volvo AB dropped as much as 5.9% in Stockholm on Friday on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares, worth about 14.1 billion ...
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