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All Geely articles – Page 2
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FeatureDelphi delivers converter to Geely in China
Delphi Technologies is producing a new vehicle propulsion device in China and has commenced deliveries to OEM Geely.The Suzhou plant set up by Delphi has started fully localised production of a combined inverter and DC/DC converter (CIDD), used in electric vehicles and hybrids to manage their electric drive systems. “Combining ...
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FeatureVolvo seeks US tariff relief for China-built SUV
Following its decision to shift production of its XC60 back to Europe from China, Volvo Cars has revealed it sought exemption from US tariffs of 25% on imports of its SUV, which were exclusively made in China and exported to the US.So far this year the carmaker, which is owned ...
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FeatureVehicle makers grapple with cost of trade wars
Carmakers are faced with shifting production, higher purchase costs, lower profits and the possibility of raising the price of their products as a consequence of the continuing global trade conflict.Volvo Cars of Sweden is shifting production of its XC60 SUV for the US market from China to Europe to avoid ...
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FeatureEEU hits vehicle makers with revised rates
Carmakers with assembly plants in Russia, Kazakhstan and Belarus are now unable to export finished vehicles duty free within the Eurasian Economic Union (EEU), because the localisation rate has increased.Previously, almost all Russian carmakers, as well as those foreign carmakers with plants in the region, were registered on the EEU’s ...
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FeatureLocation key to Volvo’s latest plant in the US
Sweden’s Volvo Cars has held a plant opening for its first US manufacturing base, near Charleston, South Carolina.The company invested around $1.1 billion (€950m) in the plant, which has an annual production capacity of 150,000 cars a year. The new S60 mid-size sports sedan will be the first model to ...
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FeatureGefco reports gains in automotive beyond core PSA contracts
Gefco has reported annual revenue gains of 5.1% in its full-year results for 2017, earning €4.4 billion ($5.4 billion). Sales were supported by a 8.1% growth in global automotive accounts outside of its traditional activity for former parent company Groupe PSA (which now includes GM's Opel/Vauxhall divisions). The company noted ...
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FeatureVolvo to produce Lynk & Co cars at Ghent
Lynk & Co cars will be produced for the first time in Europe at Volvo’s plant in Ghent, Belgium, from late 2019, signifying closer collaboration between two companies within the Zhejiang Geely Holding group of China.“By providing Lynk & Co with production capacity at its Ghent plant, Volvo Cars is ...
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FeatureVolvo Cars: Leaning towards greater stability
Since Geely Holdings acquired it from Ford Motor Company in 2010, Volvo Cars has been reinventing itself, from product development through to its industrial base and supply chain. Today, with a refreshed model line-up and amidst several new launches, sales have grown to record levels, with further expansion still to ...
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FeatureVW seeks to boost presence in emerging markets with exports from China
Volkswagen Group China has revealed plans to begin shipping cars from the country to emerging markets, beginning with South-East Asia. A pilot shipment is being made to the Philippines this month. The announcement follows similar moves by other carmakers over the last year, as China shifts towards becoming a global ...
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FeatureChina leads the car-sharing market, despite the challenges
The Chinese government is using car-sharing – short-term car rental, usually charged by the hour – to stimulate the new energy vehicle (NEV) market and increase individual mobility efficiency. In June 2017, the central government released draft guidance for the car-sharing industry, outlining some supporting policies. The guidance specified certain ...
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FeatureFord to look at new retail opportunities in first phase of Alibaba deal
Ford Motor Company has signed a letter of intent with Chinese e-commerce giant Alibaba to explore strategic collaborations in connectivity, cloud computing, artificial intelligence, mobility services and digital marketing.Under the three-year agreement, the two companies will explore new ways to define how consumers purchase and own vehicles, as well as ...
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FeatureThe building blocks of demand
China and Europe are far apart, not just in terms of distance, but also culturally, economically and politically. Yet they occupy the same Eurasian land mass and trade between the two regions has been growing strongly. That includes automotive freight, with parts and vehicles moving in greater numbers in both ...
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FeatureGeely joint venture opens biggest car plant in Belarus
BelGee, a joint venture between the government of Belarus and Chinese carmaker Geely, has just opened the biggest vehicle assembly plant in Belarus.Total production capacity at the plant in Borisov will eventually be around 120,000 vehicles a year.Output will be gradually ramped up, it was revealed at the opening ceremony ...
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FeatureMoving with market currents
Growing sales prompt rising shipmentsThe first half of 2017 has seen a partial recovery in deep-sea shipments of new light vehicles. Management consultancy Maritime Strategies International (MSI) estimates that global shipments will be up around 3% during the first half of 2017, compared to the same period in 2016.According to ...
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FeatureMitsubishi becomes latest carmaker to launch online sales platform in the UK
Mitsubishi Motors has become the latest carmaker to let consumers buy its entire range of new vehicles online.The company says its offering differs from others on the market in that it allows buyers to choose how much of the transaction process they would like to complete online and how much ...
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Volvo planeja planta na China como parte do plano de desenvolvimento da Polestar
O Volvo Car Group e sua empresa mae, Geely, formaram um empreendimento conjunto para investir 5 bilhões de renminbi (US$753 milhões) no desenvolvimento da marca de veículos elétricos Polestar, incluindo a construção de uma fábrica em Chengdu, China.No início deste ano, a Volvo disse que transformaria a marca de desempenho ...
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FeatureVolvo to build plant in China as part of Polestar development plan
Volvo Car Group and its parent, Geely, have formed a joint venture to invest 5 billion renminbi ($753m) into developing the Polestar electric vehicle brand, including the construction of a manufacturing plant in Chengdu, China.Earlier this year, Volvo said it would turn the performance mark Polestar into a new, separately ...
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FeatureBeijing Changjiu Logistics: Independence, investment and internationalisation
Beijing Changjiu Logistics has grown to become one of the largest third-party providers serving the automotive sector in China, both for handling parts and especially for finished vehicles, of which last year it moved 3.08m. The company began its life in 1992 as Jilin Changjiu Logistics but registered as Beijing ...
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FeatureRodrigo de Paula revelling in new Lynk & Co logistics role
Former director of outbound operations at Volvo Cars, Rodrigo de Paula (pictured), has said he is looking forward to implementing a number of interesting projects and new ideas in his new role as director of logistics operations at Lynk & Co.The Brazilian national joined the carmaker in June on the ...
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FeatureVolvo to put electric motor in all its new models from 2019
Geely-owned Volvo Cars has announced that all of the cars it launches from 2019 onwards will have an electric motor – a move it says marks the end of internal combustion engine-only cars.The company said it would introduce a portfolio of electrified cars across its model range, with options for ...
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