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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Geely Automobile Holdings

Geely Automobile Holdings stories: 4 news summaries

 Ford Looks to Sell 
 Volvo to China 

Geely is only bidder remaining for Swedish subsidiary

Oct 28, 09 8:52 AM CDT
(Newser) - Ford put its Volvo unit up for sale last December, and it's narrowed the possible buyers to just one bidder: a Chinese consortium led by Geely, the country's largest private automaker. Geely first approached Ford about the purchase in summer 2008 and is prepared to pay about $2 billion, less... More »

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mergers and acquisitions • Ford • Volvo • auto industry • Ford Motor Co. • Geely Automobile Holdings

(Newser) - The crash of the US auto market has sped up the global auto industry's shift toward emerging markets, and no one is better poised to take advantage than the Chinese, the Wall Street Journal reports. Geely, one of the few Chinese auto firms that operate without a foreign partner, has... More »

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China • General Motors • Ford • Volvo • auto industry • Geely Automobile Holdings

 Foreign Bidders 
 See Opportunity 
 in Detroit Mess 

As GM, Chrysler spin off units in their wake, the global auto landscape shifts

May 7, 09 8:25 AM CDT
(Newser) - With Chrysler in bankruptcy and General Motors at the precipice, foreign companies are preparing bids for parts of the US auto industry, the Wall Street Journal reports. The result will be a broad global reshuffling as companies like Italy’s Fiat, France’s Renault, and even China’s Geely buy... More »

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Chrysler • General Motors • auto industry • Fiat • automobile • Nissan-Renault • Saab • Opel • Geely Automobile Holdings

Renault May Acquire Saturn; Chinese Firm Bids for Saab

GM courts foreign buyers in fire sale

May 6, 09 1:07 PM CDT
(Newser) - Renault is in talks with General Motors about acquiring its Saturn brand, the Wall Street Journal reports. Demonstrating the considerable foreign interest in GM divisions, China’s Geely Automobile Holdings has submitted a bid for Saab. GM is looking to cut unprofitable units ahead of a June 1 restructuring deadline.... More »

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General Motors • Nissan • Saturn • auto industry • Renault • Saab • Geely Automobile Holdings

4 Stories


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