Geely Archives - Automobility

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22 Jan Geely’s billionaire owner still wants to add brands

Posted at 15:50h in China, Media Mentions by Bill Russo 0 Comments

Bloomberg News, January 16, 2020 When auto tycoon Li Shufu emerged as a suitor for Volvo Cars a decade ago, few outside China had heard of him. Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry. Not...

18 Oct China’s carmakers face threats at home, abroad

Posted at 08:48h in China, Media Mentions by Bill Russo 0 Comments

Automotive News, October 2018 by Hans Greimel Seven-seat GS8 crossover: Modern, luxurious — and made in China Photo credit: HANS GREIMEL CHONGQING, China — At first blush, the GS8 seems like a crossover made for Americans. The hulking China-built seven-seater is luxurious and modern. What's more, the styling isn't cluttered...

24 Mar Don’t Call It a Car: China’s Internet Giants Want to Sell You ‘Mobile Living Spaces’

Posted at 15:56h in Autonomous Driving, Media Mentions, Product & Technology by Bill Russo 0 Comments

The Wall Street Journal, March 18, 2018 Baidu, Alibaba and Tencent are betting the auto industry will shift from selling hardware to selling subscriptions to internet-equipped autonomous cars [caption id="attachment_16883" align="alignnone" width="1260"] Baidu, Alibaba and Tencent are colonizing an auto industry increasingly reliant on artificial intelligence, software...

11 Mar Bill Russo comments on Geely’s investment in Daimler on “Money Talks” program

Posted at 10:03h in China, Electric Vehicles, Event, Innovation, Product & Technology by Bill Russo 0 Comments

Money Talks, February 27, 2018 Bill Russo, Founder & CEO of Automobility Ltd., shares his perspective on the recent investment of Geely in Daimler AG. Click here to watch the full video. Bill Russo interview starts at 2:07....

11 Mar Daimler’s Chinese billionaire investor wants its electric car technology

Posted at 09:52h in China, Electric Vehicles, Media Mentions, Product & Technology by Bill Russo 0 Comments

CNN Money, February 26, 2018 One of the richest men in China has made a big bet on an icon of Europe's automotive industry. Li Shufu, the billionaire chairman of Chinese car maker Geely (GELYF), invested about $9 billionbuying a stake of almost 10% in Daimler (DDAIF),...

11 Mar Chinese Tycoon Makes $9 Billion Bet on Mercedes E-Car Know-How

Posted at 09:44h in China, Electric Vehicles, Media Mentions, Product & Technology by Bill Russo 0 Comments

Bloomberg News, February 26, 2018 [caption id="attachment_16868" align="aligncenter" width="400"] Li ShufuPhotographer: Charles Pertwee/Bloomberg[/caption] A dozen years ago, Chinese carmaker Geely announced its arrival on the global stage with a giant “I Am Geely” sign over its stand at the Frankfurt Auto Show. Last week, Geely founder Li...

24 Jan In A Shared Economy, Who Will Own Cars?

Posted at 21:00h in Autonomous Driving, Media Mentions, New Mobility, Sales Distribution by Bill Russo 0 Comments

Forbes Asia, January 21, 2018 by Russell Flannery Click here to read this article at forbes.com [caption id="attachment_16801" align="aligncenter" width="276"] Shared mobility can mean less traffic, cleaner air and better public transit[/caption] Cracks in the business model that has guided the auto industry in the past century are becoming...

30 Dec China’s Geely eyes Volvo trucks after cars

Posted at 11:36h in China, Media Mentions by Bill Russo 0 Comments

Bloomberg News, December 28, 2017 [caption id="attachment_16780" align="aligncenter" width="300"] PHOTO: REUTERS[/caption] [BEIJING] About a decade after Chinese billionaire Li Shufu bought the Volvo Car nameplate from Ford Motor Co and revived the brand, he's turning his attention to the Swedish company's heavy vehicles in a bid to...

20 Sep China’s carmakers develop an appetite for foreign markets

Posted at 08:21h in China, Media Mentions, Sales Distribution by Bill Russo 0 Comments

The Financial Times, September 14, 2017 The improved quality of the country’s vehicles will boost chances of success [caption id="attachment_16671" align="aligncenter" width="300"] High hopes: Geely’s Lynk & Co 01 hybrid sport utility vehicle[/caption] Cracking export markets in Europe and the US is the next frontier for China’s global-minded...

14 Aug Volvo owner Geely, Jaguar-powered Tata Motors' shares diverge

Posted at 04:09h in China, Emerging Markets, Europe, Media Mentions by Bill Russo 0 Comments

Bloomberg News, August 14, 2017 By Bloomberg News [caption id="attachment_610" align="aligncenter" width="300"] Since Geely's US$1.5 billion purchase of Sweden's Volvo Cars in 2010, the Chinese automaker has seen the share price of its listed unit increase sixfold in Hong Kong trading. SOURCE: EPA[/caption] (Bloomberg) -- Tata Motors...