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Geely Auto is a Chinese car manufacturer owned by Zhejiang Geely Holding. Geely Auto produces a wide range of vehicles from its main brand, Geely and its sub-brand Geely Galaxy. The company also partly owns Lynk & Co, Proton Cars, Radar Auto and Zeekr brands. The brands formerly used by the company include Geely Geometry, Emgrand, Englon, and ...
Geely transferred its 11.3% stake in Zeekr Intelligent Technology (Zeekr) to Geely Automobile Holdings (Geely Auto), increasing Geely Auto's ownership in Zeekr to 62.8%. [ 48 ] [ 49 ] Zeekr then acquired a 20% stake in Lynk & Co from Geely Auto for 3.6 billion yuan and an additional 30% from Volvo Cars for 5.4 billion yuan, securing a 51% ...
Jeep Cherokee (XJ), Jeep Grand Cherokee (ZJ), Jeep Grand Cherokee (WJ) 2 Australia: Chrysler Australia: Keswick, South Australia: 1951: 1964: Engines and body parts: Chrysler Australia Tonsley Park plant: Clovelly Park, South Australia: 1964: 1980: Cars: Sold to Mitsubishi Motors in 1980. Chrysler production ended in 1981. Chrysler Australia ...
Geely's first car, the Geely Haoqing, rolled off the assembly line in Linhai, Zhejiang on 8 August 1998. However, Geely did not obtain its national production license until 9 November 2001, which delayed mass production until 2002. [30] By 2002, the brand was ranked among the top ten in the Chinese automobile market. [30]
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 ...
When the company told the auto workers union that it would delay plans to reopen a factory and build a new electric vehicle battery plant in Belvidere, Illinois, UAW President Shawn Fain called ...
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
Stellantis plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late Wednesday. The European-based maker of ...