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  2. Geely - Wikipedia

    en.wikipedia.org/wiki/Geely

    Lynk & Co (Chinese: 领克) was established in 2017 that uses technology developed jointly by Volvo Cars and Geely Auto. [112] Before 2024, It was owned 50% by Geely Auto, 30% by Volvo Cars, and 20% by ZGH. It currently 51% owned by Zeekr and 49% owned by Geely Auto after restructuring.

  3. Premier Automotive Group - Wikipedia

    en.wikipedia.org/wiki/Premier_Automotive_Group

    Geely was reported to have approached Ford in mid-2008 about a possible takeover of Volvo Cars. On 28 October 2009, Ford named Geely the preferred buyer of Volvo Cars. [13] [14] On 23 December 2009, Ford confirmed that all substantive commercial terms for the sale to Geely had been settled. Geely signed a deal with Ford to acquire Volvo Cars ...

  4. Lynk & Co - Wikipedia

    en.wikipedia.org/wiki/Lynk_&_Co

    According to Geely designer Peter Horbury, the intention was "to position it between Volvo and Geely as a so-called 'near premium' brand". [10] In August 2017, Zhejiang Geely Holding, Geely Automobile Holdings and Volvo Car Group signed an agreement at Geely Auto's Hangzhou Bay R&D Center to establish the Lynk & Co joint venture. Under this ...

  5. Daimler, Volvo Cars executives skeptical over Geely alliance plan

    www.aol.com/news/daimler-volvo-cars-executives...

    Because Zhejiang Geely Holding already owns Volvo Cars, a stake in truckmaker AB Volvo (VOLVb.ST), and 49.9 percent of Malaysian automaker Proton, German executives fear any wide-ranging ...

  6. Eyeing IPO, Volvo Cars to take full control of its Chinese ...

    www.aol.com/news/volvo-cars-buy-parent-geely...

    STOCKHOLM/BEIJING (Reuters) -Volvo Cars has struck a deal to buy out parent company Zhejiang Geely Holding from their joint ventures in China, in a move that could make a potential initial public ...

  7. Volvo, Geely to merge combustion engine operations

    www.aol.com/news/volvo-geely-merge-combustion...

    Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC, Lynk and Proton, and also potential ...

  8. Li Shufu - Wikipedia

    en.wikipedia.org/wiki/Li_Shufu

    Li founded Geely in November 1986; it is now the second-largest private automobile manufacturer in China. [4] On 28 March 2010, Geely signed a deal worth US$1.8 billion to buy Swedish automobile manufacturer Volvo Cars from American automobile manufacturer Ford Motor Company. [5] It was the largest foreign purchase by a Chinese car manufacturer.

  9. Geely's Volvo Cars sets IPO price range, seeking up to $23 ...

    www.aol.com/news/geelys-volvo-cars-sets-price...

    Volvo Cars, which has spent years under the Geely Holding umbrella strengthening its foothold in the premium market, said this month it planned to raise $2.9 billion through an IPO and list its ...