Daimler AG announced last week that Li Shifu, the founder of Chinese automaker Geely, had acquired almost 10 percent of the shares in the company. Li didn't buy 9.7 percent of Daimler all at once; the outspoken CEO has been accumulating shares on the open market since last fall. The German...Read More»
Chinese automaker Geely has been given the all-clear to purchase would-be flying-car manufacturer Terrafugia, ending months of scrutiny after the acquisition was first reported last summer. While most carmakers—including Geely-owned Volvo—are developing self-driving car technologies in...Read More»
It's been a minute since we've heard from the flying car company known as Terrafugia. What have the staff been doing the past couple of years? Apparently, negotiating a buyout with major Chinese automaker Geely. A source familiar with the discussions says that talks between the U.S. start-up and...Read More»
Remember Lynk & Co., the new car brand from Chinese automaker Geely (which, incidentally, now owns Volvo)? The start-up has just debuted a new concept car at the Shanghai Auto Show, as well as a production version of its first model, a crossover. And it's revealed a bit more info about its...Read More»
During the run-up to America's presidential election, Donald Trump issued a number of controversial proposals, but few garnered as much attention as the wall he suggested building along the U.S.-Mexico border. This week, Trump made it clear that he's ready to build that wall, both physically (with...Read More»
Three years ago, rumors suggested that Chinese automaker Geely planned to start selling cars in the U.S. in 2016--not under its Volvo brand, mind you, but under the Geely name. Well, here we are, almost to the end of 2016, and there's no sign of Americanized Geelys on the streets yet. But yesterday...Read More»
If you've seen photos of Shanghai or Beijing engulfed in smog, you know that China has room for improvement on the environmental front. But change is coming quickly to the world's most populous country, and nowhere is that more visible than in the auto industry. Roughly 40 years ago, China began to...Read More»
The Volvo XC40 compact crossover isn’t expected to arrive until 2018, and the complementary S40 sedan likely for 2019, but the automaker has shown some first plans for the two in concept-car form. With the 40.1 Concept Volvo clearly teases the XC40, while the 40.2 Concept presages the S40. In...Read More»
Volvo is recalling nearly 4,000 U.S.-registered XC90 crossovers from the 2016 model year According to the National Highway Traffic Safety Administration, those vehicles may suffer from a design flaw that could prevent some airbags from deploying during collisions. ALSO SEE: Good Grief: Widows Pay...Read More»
Last month, we talked about an interesting trend in auto manufacturing -- namely, the fact that many foreign car companies are building factories in the American South. Today, we can add another automaker to the list: Volvo, which is setting up shop in South Carolina. According to a press release...Read More»
For most of our lives, the words "Made in China" have suggested products of poor quality -- cheap, disposable things that weren't meant to last. As The Detroit News reports, Chinese automaker Geely is anxious to see how Americans react to "Made in China" labels on cars when it ships over the...Read More»
Last year, Volvo unveiled a service called "Roam Delivery", which was meant to solve a problem that many of us have -- namely, the problem of receiving large packages when we're at work or on the go. With Roam Delivery, mail carriers can use a one-time code to drop those packages in a Volvo's trunk...Read More»
It’s a done deal. Chinese-built cars will soon arrive to the U.S. market this summer, and they will bear what to some will be a very unlikely badge: Volvo. In its press conference at the Detroit Auto Show, Volvo confirmed that it will sell the 2016 S60 Inscription, an extended-length...Read More»
China's auto market is booming. Despite some signs of a slowdown, sales remain very, very strong, showing double-digit gains. One of the big dogs in China's marketplace is Geely, best known to Westerners as the owner of Volvo. In fact, according to AutoNews, Geely is getting so big that it plans to...Read More»
Just in case you’ve lost track, Volvo is the Swedish automaker, owned by the Chinese, who builds cars in Belgium. They also build cars in Sweden, of course, and they’ll soon open a plant in China. In fact, business in China is so good for Volvo (and parent company, Geely), that the...Read More»
For years, Volvo was the redheaded stepchild of Ford Motor Company, and even before the recession hit in 2008, Ford had begun looking to find a new home for the Swedish marque. Though a foster parent was soon found in China, Ford's negotiations with Geely took a long time to resolve and undid much...Read More»
The U.S. auto industry has long feared an onslaught of cheap cars from Chinese brands like Chery, Geely, and BYD. But it's more likely that established global automakers will be the first ones to bring Chinese-made cars to the Americas. The United States market poses tricky political problems for...Read More»
We've told you it's coming--now Audi confirms the TT RS is coming to America. [PRNewswire] Toyota thinks the 2011 Honda CR-Z is on to something, and might want a sporty hybrid coupe of its own. [AutoblogGreen] While it deals with recall aftermath, Toyota now says its "black boxes" may not indicate...Read More»
Yesterday, we launched a little friendly competition: a comparison of automakers' YouTube channels. We were curious to see which qualify as must-see web TV and which ought to be canceled ASAP. Monday was devoted to U.S. brands, and today, we're moving across the pond for a look at their "European"...Read More»
