[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 ...
[Stay on top of transportation news: Get TTNews in your inbox.] Volvo AB’s second-largest shareholder, Geely, said while it’s not currently planning any changes to its position, “anything is possible” ...
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.
It's a common perception here in North America that when Ford sold Volvo to Geely - one of China's most important car companies - Volvo lost its Swedish identity. Yet, over the past few years, as I ...
COPENHAGEN, Denmark (AP) — Swedish automaker Volvo Cars and its owner Chinese automaker Geely Holding said Monday they are considering combining their businesses to create a company that “would ...
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 ...
STOCKHOLM (Reuters) - China's Geely Holding , owner of the Volvo car brand, is buying an 8.2 percent stake in Swedish truckmaker AB Volvo from activist investor Cevian Capital, worth around $3.3 ...
Mats Fägerhag, the former head of R&D for Saab, is now the CEO of China Euro Vehicle Technology AB (CEVT). This small firm's engineers are quietly creating the new CMA scalable architecture for C and ...
Forbes contributors publish independent expert analyses and insights. I’m the founder of the No. 1 automotive site for women. Chinese cars are getting rave reviews as they start to gain a very slight ...
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 ...