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Geely buys big stake in Volvo Trucks

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Geely buys big stake in Volvo Trucks

Geely has bought an 8.2 per cent stake in AB Volvo, making it the largest single shareholder in the Swedish truck, construction equipment and technology company. The company bought its stake from Cevian Capital and, once regulatory approval is granted, will have 15...

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Geely to buy stake in Mercedes-Benz - report
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Geely to buy stake in Mercedes-Benz - report

Geely, the Chinese parent of Volvo Cars, is set to buy a significant stake in Daimler, the company behind Mercedes-Benz and Smart. According to The Global Times, the state-run China Central Television (CCTV) network is reporting Zhejiang Geely is about to buy three to five per cent of Daimler for 4.0 billion euros ($6.2 billion). Above: Mercedes-Benz CLS...


2018 Lynk & Co 01 review: Prototype drive
Rating: 7.310 /10
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2018 Lynk & Co 01 review: Prototype drive

There’s a depressingly familiar script when it comes to the attempts of China’s native carmakers to expand sales beyond their own borders: big promises, poor delivery and – frequently – a speedy withdrawal to lick wounds. So if your first instinct is to see the Lynk & Co 01 as another no-hoper, that’s understandable...


Geely planning Lotus onslaught
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Geely planning Lotus onslaught

Geely is already working on plans for Lotus, just two months after purchasing a majority stake as part of the same deal that saw the Chinese brand take control of Proton. We’re told to expect new products from the British sports car maker sooner rather than later, with a decision currently being mulled on whether to press ahead with plans for the SUV Lotus had already started developing on its own...


Lynk & Co plans six-model range, limited private sales
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Lynk & Co plans six-model range, limited private sales

Geely’s new Lynk & Co sub-brand is set for an aggressive launch schedule, meaning there will be at least three different models when exports, including to Australia, begin. The 01 SUV (pictured) has just gone on sale in China, and will be followed in short order by a lower-roofed crossover branded the 02, along with a more conventional three box saloon...


Lynk & Co 02 surfaces online
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Lynk & Co 02 surfaces online

The upcoming Lynk & Co 02 crossover has leaked online this week, giving us a first look at the third model in the young Chinese company's range. Posted by Britain's Autocar, the 02 will slot below the larger 01 SUV, while sharing the CMA platform co-developed by parent companies Geely and Swedish marque Volvo...


Geely buys Terrafugia to make "flying car a reality"
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Geely buys Terrafugia to make "flying car a reality"

Zhejiang Geely Holding Group, parent of Chinese carmaker Geely, has acquired US-based flying car developer Terrafugia with the aim of bringing a proper flying car to life. The two companies plan to utilise their respective expertise to further the development of flying cars, with Terrafugia already having tripled its US engineering team as part of an expansion ahead of the takeover...


Geely completes Lotus takeover
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Geely completes Lotus takeover

China’s largest privately-owned automotive group, Zhejiang Geely Holding Group (Geely Holding) has completed a takeover of British sports car marque, Lotus. Geely Holding now owns a majority stake of 51 per cent in Lotus Advance Technologies Sdn Bhd (Lotus) with a minority 49 per cent being held by Malaysia’s Etika Automotive...


Volvo buys into Lynk & Co, sets up technology sharing joint venture with Geely parent
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Volvo buys into Lynk & Co, sets up technology sharing joint venture with Geely parent

Volvo Cars has bought into Lynk & Co, its nascent sister brand, and will also setup a 50/50 technology partnership company with the Geely brand, under the larger Geely Holdings umbrella. The Swedish brand will take a "significant minority shareholding" in Lynk & Co owing, primarily, to the fact that the new brand will use platforms, drivetrains and technologies developed by Volvo...


Polestar electric sports car mooted - report
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Polestar electric sports car mooted - report

Volvo's performance arm Polestar might be considering its own electric sports car, separate from any of its Swedish parent company's models. According to a report from UK publication Evo, Polestar could be eyeing off somewhat of a split from Volvo, while taking advantage of parent company Geely’s recent purchase of the iconic Lotus brand...


China's Geely takes majority stake in Lotus, shares in Proton
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China's Geely takes majority stake in Lotus, shares in Proton

China's largest privately-owned automotive group, Zhejiang Geely Holding, has agreed to a deal that will hand it the majority stake in famed British sports-car brand Lotus. The Chinese group - which also owns Volvo Cars and the London Taxi Company - will also take a 49.9 per cent share in Lotus' current parent, Malaysian company Proton...


Geely MPV Concept unveiled at Shanghai show
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Geely MPV Concept unveiled at Shanghai show

The sleek Geely MPV Concept has been revealed at the 2017 Shanghai motor show. The people-mover concept car was designed under the close watch of Peter Horbury, the man who oversaw Volvo's move away from its boxy and easily mocked designs. In his role as Geely's design chief, he now leads the design direction of the Geely, Volvo and Lynk & Co brands...


Geely teases MPV concept ahead of Shanghai debut
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Geely teases MPV concept ahead of Shanghai debut

Chinese manufacturer Geely has released a teaser image of a concept car that will preview its first people mover, ahead of its official reveal at the Shanghai motor show next week. The new Geely MPV concept is the company's first foray into the people-mover segment, and is claimed to wear an evolution of Chinese design elements the brand has become known for...


2018 Lynk & Co '02' sedan spied
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2018 Lynk & Co '02' sedan spied

The Lynk & Co '02' sedan has been spotted undergoing hot weather testing in southern Europe. Launched in October 2016, Lynk & Co is a new global brand for Geely, which will sit above the Chinese automaker's own marque, but below Volvo. Like the Lynk & Co 01 crossover, the new sedan is based on the Compact Modular Architecture (CMA) that's being developed by Volvo...


Geely withdraws Proton/Lotus bid, leaving Peugeot parent as only suitor
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Geely withdraws Proton/Lotus bid, leaving Peugeot parent as only suitor

Geely has withdrawn its bid to enter into a partnership with Proton, leaving the PSA Group, parent company of Peugeot, Citroen and DS, as the Malaysian national car maker's only remaining partner candidate. An Conghui, Geely's president, confirmed the news to the South China Morning Post, although he didn't tell the newspaper why Geely decided to withdraw from the bidding process...


CarAdvice News Desk: The weekly wrap for February 24, 2017
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CarAdvice News Desk: The weekly wrap for February 24, 2017

Welcome to the CarAdvice.com News Desk, a regular video wrap of the latest happenings in the automotive world and Australia's new-car market. Keeping you in the loop, Tegan Lawson presents a weekly video from the CarAdvice Garage, with everything you need to know about the week in news and reviews...


11 strange car names: What were they thinking?
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11 strange car names: What were they thinking?

When it comes to naming a car, sometimes a manufacturer gets it right. Think of the Rolls Royce Phantom, Lamborghini Aventador or Aston Martin Vanquish. They're names that just roll off the tongue. But sometimes they get it horribly wrong, like the amphibious crossover, Tang Hua Detroit Fish (above)...


Lynk & Co 01 revealed: New Chinese SUV “the most connected car to date”
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Lynk & Co 01 revealed: New Chinese SUV “the most connected car to date”

The Lynk & Co 01 has been revealed, making it the first model to be born from the Compact Modular Architecture (CMA) project that Chinese car maker Geely has developed with its Swedish subsidiary, Volvo. Officially launched in Berlin overnight, the 01 is pitched as a premium offering to “address the needs and preferences of the new global and connected generation”...


Geely's Lynk & Co previews first model, launching October 20 - video
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Geely's Lynk & Co previews first model, launching October 20 - video

Chinese company Geely has released another teaser for its upcoming Lynk & Co sub-brand, this time previewing its first model. In the new video, it appears the company’s first offering will be an SUV, in line with a report by the UK’s Autocar this week...


Geely to launch Lynk & Co car brand later this month
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Geely to launch Lynk & Co car brand later this month

Lynk & Co, a new automotive brand from Geely, owner of both Volvo and the London Taxi Company, will be launched on October 20. The Chinese car maker has begun sending invites to members of the media. The invitation, republished by Jalopnik, promises more than just "a new car brand and a model line-up", but "some radical, new thinking — different from anything you’ve seen before from the car industry" and that "might well change the world’s idea of mobility"...