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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...

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...

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...

28 Jun China Startups Launching Brands Alongside Products

Posted at 09:05h in Autonomous Driving, China, Innovation, Media Mentions, New Mobility by Bill Russo 0 Comments

Ward's Auto, June 13, 2017 The Lynk & CO startup is leaning heavily on the Volvo brand heritage for legitimacy, but an investment analyst says not having the burden of a parent brand actually may help electric-vehicle startup NIO. [caption id="attachment_584" align="aligncenter" width="300"] NIO, maker of ES8...

24 Feb China's thriving SUV-only automaker looks to global growth

Posted at 00:09h in China, Media Mentions, Sales by Bill Russo 0 Comments

ASSOCIATED PRESS / Feb 22, 2017, 03:06 AM By JOE McDONALD AP Business Writer In this photo, taken, Feb. 19, 2017, a worker assembles a Haval SUV H3 model at the Great Wall Motors assembly plant in Baoding in north China’s Hebei province. Great Wall Motors became China’s most...

18 Oct Geely set to unveil mid-tier brand

Posted at 03:36h in Asia, China, Media Mentions by Bill Russo 0 Comments

China Daily, October 15, 2016 A Geely Auto's SUV model Emgrand GS is presented at the Auto China 2016 show in Beijing. [Photo/ REUTERS] Chinese billionaire Li Shufu will test whether there's room for another global car brand by introducing a new marque next week, built on technology jointly developed by his two car companies, Geely Automobile Holdings Ltd and Volvo Cars. The new brand, called...

25 Jun Volvo: Remaking the marque

Posted at 05:57h in Asia, China, Europe, Media Mentions, Product & Technology by Bill Russo 0 Comments

The Financial Times, June 19, 2016 Under Geely, the carmaker is back in profit and selling well in China. But is it big enough to compete with its rivals? There is nothing exceptional about the shiny grey chassis on display in western Sweden. Its wheels, suspension and...

03 Jun China turns to second-hand cars to rev up consumption

Posted at 04:03h in China, Media Mentions, Sales, Used Cars by Bill Russo 0 Comments

The Financial Times, May 31, 2016 As China revs up its shift to a consumption-led growth model, policymakers are trying to get more mileage out of a sputtering part of the economy: the used car market. In most developed economies, sales of second-hand cars outnumber those of...