|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||2.0100 - 2.0900|
|52 Week Range||1.2600 - 3.1200|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||9.58|
|Forward Dividend & Yield||0.04 (1.92%)|
|1y Target Est||N/A|
April 17 (Reuters) - Geely Automobile Holdings Ltd : * ZHEJIANG GEELY HOLDING GROUP COMPANY LIMITED BUYS 55.03 MILLION SHARES IN GEELY AUTOMOBILE HOLDINGS LTD AT HK$17.62 EACH ON APRIL 12 - HKEX FILING ...
Volvo Cars has started producing its XC40 compact crossover SUV in China to bump up capacity and cater for growing demand, the Swedish carmaker said on Friday. As the cost impact of Washington's trade war with Beijing spreads, Volvo has been shuffling manufacturing facilities for its models. The dispute has been squeezing capacity at Volvo's Ghent plant, the only site where the XC40 - the 2018 European Car of the Year - is currently produced.
Geely, China's highest profile car maker with investments in Volvo and Daimler, launched a premium all-electric car brand "Geometry" on Thursday as it pushes ahead with its plans to boost production of new energy vehicles. The move comes as automakers race to develop vehicles powered by means other than petrol to meet an expected rise in demand as the world's top car market enforces official production quotas designed to reduce smog. Geometry will take overseas orders but will mainly focus on the Chinese market and will launch more than 10 pure electric models in multiple segments by 2025, Geely said in a statement on Thursday.
April 8 (Reuters) - Geely Automobile Holdings Ltd: * MARCH TOTAL SALES VOLUME 124,643 UNITS, UP 3 PERCENT Source text for Eikon: Further company coverage:
April 1 (Reuters) - Chengdu Haoneng Technology Co Ltd : * SAYS IT EXPECTS OPERATING REVENUE TO INCREASE BY 468 MILLION YUAN ($69.75 million)AFTER UNIT BECOMES A SUPPLIER OF GEELY AUTOMOBILE PARTS' UNIT ...
BERLIN (AP) — German automaker Daimler and China's Geely, its largest single shareholder, said Thursday that they are setting up a joint venture to develop and operate Daimler's Smart compact car brand worldwide as an all-electric car.
FRANKFURT/BEIJING (Reuters) - Daimler will build its next generation of Smart electric cars in China through a joint venture with Geely, as a way to increase economies of scale in a market segment that is struggling to turn a profit. China's Geely built a stake of almost 10 percent in Daimler last year, saying it wanted to forge an alliance to develop electric and self-driving cars to better compete against new competitors such as Uber and Google. Daimler said on Thursday it would build the next generation of Smart-branded city cars at a purpose-built factory in China, and planned to share its expertise in manufacturing, engineering and design with Geely.
The German luxury-car maker and Geely, owned by billionaire Li Shufu, will build a new China factory to assemble electric cars and start worldwide sales in 2022, according to a joint statement. Mercedes-Benz designers will style future Smart vehicles and Geely will engineer them.
Both Daimler and Geely declined a Reuters request for comment. Last year, Geely built up an almost 10 percent stake in Daimler in a $9 billion (£6.8 billion) bet by its chairman and became the biggest shareholder in Daimler.
Both Daimler and Geely declined a Reuters request for comment. Last year, Geely built up an almost 10 percent stake in Daimler in a $9 billion bet by its chairman and became the biggest shareholder in Daimler.
March 26 (Reuters) - * DAIMLER IS NEARING A DEAL TO SELL A 50 PER CENT STAKE IN ITS SMALL-CAR BRAND TO CHINA'S GEELY - FT, CITING SOURCES Source text: https://on.ft.com/2Wpx0Dj Further company coverage:...
China's Geely Automobile Holdings said on Thursday that it will invest more in new energy vehicles and higher-end models after forecasting flat sales in 2019 due to uncertainty about domestic demand. Geely, China's highest profile car maker globally thanks to the Geely group's investments in Volvo and Daimler, sold 1.5 million cars last year, 20 percent higher than the figure for 2017.
March 21 (Reuters) - Geely Automobile Holdings Ltd : * FY REVENUE RMB 106.60 BILLION VERSUS RMB 92.76 BILLION * FY PROFIT ATTRIBUTABLE RMB12.55 BILLION VERSUS RMB10.63 BILLION * PROPOSED A FINAL DIVIDEND ...
Volvo Cars will pay a dividend of 2.9 billion Swedish crowns (235 million pounds) after record sales in 2018, the company said on Thursday, with almost all of it slated to boost the coffers of its debt-laden Chinese parent Geely. The payment comes as carmakers are grappling with the fallout of trade wars, rising costs for developing electric and driverless cars, and an industry downturn that has dented even the most profitable companies. The trade war caused Volvo to postpone plans for a listing last year and generated additional costs to retool its factories to limit the tariff impact.
Daniel Li of Geely Automobile Holdings says the "direct impact" of the U.S.-China trade war on the company has not been "huge."
Toliver Ma of Guotai Junan International says the quality and sustainability of Geely Automobile's earnings is "quite assured."
China's Geely Automobile Holdings posted an 18 percent jump in annual net profit, driven by higher sales of its sedans and sports utility vehicles (SUVs). But, as Francis Maguire reports, Geely forecast flat sales growth in 2019 due to uncertainty about domestic demand.