Geely News
German OEMs meet Trump amid tariff confusion
Volkswagen, Daimler and BMW executives have this week outlined a series of planned investments in the US to administration officials, after meeting with President Donald Trump. Their meetings took place amid uncertainty over trade conditions, after the president’s tweet that China had agreed to end 40% duties on imports of ...
Peacing together new logistics
The end of a longstanding conflict in the Horn of Africa is set to create new pathways into one of the potentially richest automotive markets in the continent; after two decades, Eritrea and Ethiopia have concluded a conflict that has cost hundreds of thousands of lives. The catalyst for peace ...
Delphi delivers converter to Geely in China
Delphi Technologies is producing a new vehicle propulsion device in China and has commenced deliveries to OEM Geely.The Suzhou plant set up by Delphi has started fully localised production of a combined inverter and DC/DC converter (CIDD), used in electric vehicles and hybrids to manage their electric drive systems. “Combining ...
Vehicle makers grapple with cost of trade wars
Carmakers are faced with shifting production, higher purchase costs, lower profits and the possibility of raising the price of their products as a consequence of the continuing global trade conflict.
EEU hits vehicle makers with revised rates
Carmakers with assembly plants in Russia, Kazakhstan and Belarus are now unable to export finished vehicles duty free within the Eurasian Economic Union (EEU), because the localisation rate has increased.
Location key to Volvo’s latest plant in the US
Sweden’s Volvo Cars has held a plant opening for its first US manufacturing base, near Charleston, South Carolina.
Gefco reports gains in automotive beyond core PSA contracts
Gefco has reported annual revenue gains of 5.1% in its full-year results for 2017, earning €4.4 billion ($5.4 billion). Sales were supported by a 8.1% growth in global automotive accounts outside of its traditional activity for former parent company Groupe PSA (which now includes GM's Opel/Vauxhall divisions).
Volvo to produce Lynk & Co cars at Ghent
Lynk & Co cars will be produced for the first time in Europe at Volvo’s plant in Ghent, Belgium, from late 2019, signifying closer collaboration between two companies within the Zhejiang Geely Holding group of China.
Volvo Cars: Leaning towards greater stability
Since Geely Holdings acquired it from Ford Motor Company in 2010, Volvo Cars has been reinventing itself, from product development through to its industrial base and supply chain. Today, with a refreshed model line-up and amidst several new launches, sales have grown to record levels, with further expansion still to ...
VW seeks to boost presence in emerging markets with exports from China
Volkswagen Group China has revealed plans to begin shipping cars from the country to emerging markets, beginning with South-East Asia. A pilot shipment is being made to the Philippines this month. The announcement follows similar moves by other carmakers over the last year, as China shifts towards becoming a global ...
China leads the car-sharing market, despite the challenges
The Chinese government is using car-sharing – short-term car rental, usually charged by the hour – to stimulate the new energy vehicle (NEV) market and increase individual mobility efficiency. In June 2017, the central government released draft guidance for the car-sharing industry, outlining some supporting policies. The guidance specified certain ...
Ford to look at new retail opportunities in first phase of Alibaba deal
Ford Motor Company has signed a letter of intent with Chinese e-commerce giant Alibaba to explore strategic collaborations in connectivity, cloud computing, artificial intelligence, mobility services and digital marketing.
The building blocks of demand
China and Europe are far apart, not just in terms of distance, but also culturally, economically and politically. Yet they occupy the same Eurasian land mass and trade between the two regions has been growing strongly. That includes automotive freight, with parts and vehicles moving in greater numbers in both ...
Geely joint venture opens biggest car plant in Belarus
BelGee, a joint venture between the government of Belarus and Chinese carmaker Geely, has just opened the biggest vehicle assembly plant in Belarus.
Mitsubishi becomes latest carmaker to launch online sales platform in the UK
Mitsubishi Motors has become the latest carmaker to let consumers buy its entire range of new vehicles online.
Volvo to build plant in China as part of Polestar development plan
Volvo Car Group and its parent, Geely, have formed a joint venture to invest 5 billion renminbi ($753m) into developing the Polestar electric vehicle brand, including the construction of a manufacturing plant in Chengdu, China.
Beijing Changjiu Logistics: Independence, investment and internationalisation
Beijing Changjiu Logistics has grown to become one of the largest third-party providers serving the automotive sector in China, both for handling parts and especially for finished vehicles, of which last year it moved 3.08m. The company began its life in 1992 as Jilin Changjiu Logistics but registered as Beijing ...
