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London Taxi TX4 Review - The Melbourne Trial Begins

Yep. For one day only, CarAdvice is masquerading as CabAdvice too. The TX4 is a custom-made cab with a swivelling dicky seat with wheelchair ramp, free WiFi, acres of space and a flat floor for guide dogs and the like. Like anything built-for-purpose, there are fewer compromises. The shape is familiar to any Anglophile and eccentric enough to lure everyone else...

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Geely chairman becomes largest Daimler stakeholder

Daimler, parent company of Mercedes-Benz and Smart, has confirmed Li Shufu, founder and chairman of Geely, has aquired a 9.69 per cent stake in the German van, truck and luxury car maker. According to The Detroit News and other outlets, Li's stake in the German company cost around €7.3 billion ($11.5 billion)...

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 15.6 per cent of voting rights – short of the 22...

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...

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...

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