GELYF - Geely Automobile Holdings Limited

Other OTC - Other OTC Delayed Price. Currency in USD
2.77
+0.04 (+1.47%)
At close: 3:48PM EDT
Stock chart is not supported by your current browser
Previous Close2.73
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume236,783
Market Cap24.856B
Beta1.42
PE Ratio (TTM)15.05
EPS (TTM)0.18
Earnings DateN/A
Forward Dividend & Yield0.02 (0.50%)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters25 minutes ago

    AUTOSHOW-Daimler CEO: no sign of hostile takeover by top shareholder Li Shufu

    * China's Li took $9 bln stake in Daimler in Feb * Deal raised German concerns over hostile takeover * Li not planning to raise Daimler stake - CEO (Adds comment from Zetsche, background on Li's stake ...

  • Volvo Cars Open to Partners; Dismisses Daimler Stake Reports
    Bloomberg4 hours ago

    Volvo Cars Open to Partners; Dismisses Daimler Stake Reports

    Volvo Car Group Chief Executive Officer Hakan Samuelsson dismissed reports of Daimler AG becoming a potential investor and said the Swedish automaker is open to partnerships with anyone if it serves its ...

  • Reuters5 hours ago

    Geely-Aisin Seiki JV to produce automatic transmissions in China

    HONG KONG, April 25 (Reuters) - Geely Automobile Holdings Ltd said on Wednesday it would team up with Japanese automobile transmissions maker Aisin Seiki Co Ltd to manufacture front-wheel drive 6-speed ...

  • Reuters5 hours ago

    Geely-Aisin Seiki JV to produce automatic transmissions in China

    Geely Automobile Holdings Ltd said on Wednesday it would team up with Japanese automobile transmissions maker Aisin Seiki Co Ltd to manufacture front-wheel drive 6-speed automatic transmissions and related components in China. The joint venture, with registered capital of $117 million, will be 40 percent owned by Geely and 60 percent by Aisin Seiki. The Chinese carmaker said the venture, which will start production in 2020 with a designed production capacity of 400,000 units of automatic transmission per year, will now ensure a stable supply of products to Geely.

  • Reuters6 hours ago

    BRIEF-Geely Automobile Holdings Says Unit To Establish JV With Aisin Aw

    April 25 (Reuters) - Geely Automobile Holdings Ltd : * GEELY AUTOMOBILE HOLDINGS-UNIT TO ESTABLISH JV WITH AISIN AW TO MANUFACTURE & SELL FRONT-WHEEL DRIVE 6-SPEED AUTOMATIC TRANSMISSIONS & RELATED PARTS ...

  • The Chinese Car Invasion Is Coming
    Bloombergyesterday

    The Chinese Car Invasion Is Coming

    What seemed like just another launch of a new vehicle was actually something more: the coming-out party for China’s globally ambitious auto industry. For the first time, a Chinese-branded car will be made in Western Europe for sale there, with the ultimate goal of landing in U.S. showrooms. Li is spearheading China’s aspirations to wedge itself among the big three of the global car industry—the U.S., Germany and Japan—so they become the Big Four.

  • Reuters6 days ago

    Daimler open to buying small stake in Volvo cars - Manager Magazin

    Daimler (DAIGn.DE) is open to supplying Volvo with engines and could even take a small stake in the Swedish carmaker, Manager Magazin said, raising the possibility of increased cooperation between Mercedes-Benz and China's Geely . Daimler could buy "a couple of percent" in Volvo Cars, Manager Magazin said on Thursday, without citing sources. The chairman of Volvo owner Geely, Li Shufu, stealthily built a $9 billion (6.34 billion pounds) stake in Daimler by the end of February, seeking to forge an alliance with the German carmaker as a way to counter the threat from new competitors such as Tesla (TSLA.O), Google (GOOGL.O) and Uber.

  • Reuters6 days ago

    Daimler open to buying small stake in Volvo cars: Manager Magazin

    Daimler (DAIGn.DE) is open to supplying Volvo with engines and could even take a small stake in the Swedish carmaker, Manager Magazin said, raising the possibility of increased cooperation between Mercedes-Benz and China's Geely [GEELY.UL]. Daimler could buy "a couple of percent" in Volvo Cars, Manager Magazin said on Thursday, without citing sources.

  • Saxo CEO Says Geely Paying `Fair Price' for Majority Stake in Saxo
    Bloomberg12 days ago

    Saxo CEO Says Geely Paying `Fair Price' for Majority Stake in Saxo

    Saxo Bank CEO and co-founder Kim Fournais says his company is worth more than 1 billion euros and Chinese automaker Geely is paying a “fair price” for its 51.5% stake. He speaks with Betty Liu and Yvonne ...

  • The Wall Street Journal20 days ago

    [$$] Daimler Open to Further Geely Cooperation

    Daimler said it’s exploring the possibility of further cooperation with new major shareholder Li Shufu’s Chinese car maker Geely.

  • An Opaque $3.5 Billion Business Gives Wall Street a Hangover
    Bloomberg28 days ago

    An Opaque $3.5 Billion Business Gives Wall Street a Hangover

    The implosion of a company with ties to South Africa’s wine country has caused a hangover for one of Wall Street’s most opaque businesses.

  • The Wall Street Journal29 days ago

    Chinese Car to Be Built in Europe for First Time

    Starting next year Volvo Cars said it would produce Lynk & Co’s sport-utility vehicle at its plant in Ghent, Belgium, marking the first production of a Chinese automotive brand in Europe.

  • High speed: China's Geely 2017 net profit soars amid global push
    Reuterslast month

    High speed: China's Geely 2017 net profit soars amid global push

    Chinese carmaker Geely Automobile Holdings Ltd , whose chairman recently took a $9 billion stake in Germany's Daimler AG (DAIGn.DE), said on Wednesday its profits more than doubled in 2017, driven by strong domestic sales of popular SUVs. The automaker, based in the eastern Chinese city of Hangzhou, said in a stock exchange filing that 2017 net profit rose 108 percent to 10.6 billion yuan ($1.7 billion) from 5.1 billion yuan in 2016, slightly beating a forecast of 10 billion yuan from analysts polled by Reuters. Geely, which is making waves globally after a series of high-profile deals by its parent, saw revenue rise 73 percent to 92.8 billion yuan from a year earlier, far outpacing tepid growth in the wider Chinese vehicle market.

  • Reuterslast month

    High speed: China's Geely 2017 net profit soars amid global push

    Chinese carmaker Geely Automobile Holdings Ltd, whose chairman recently took a $9 billion stake in Germany's Daimler AG, said on Wednesday its profits more than doubled in 2017, driven by strong domestic sales of popular SUVs. The automaker, based in the eastern Chinese city of Hangzhou, said in a stock exchange filing that 2017 net profit rose 108 percent to 10.6 billion yuan ($1.7 billion) from 5.1 billion yuan in 2016, slightly beating a forecast of 10 billion yuan from analysts polled by Reuters.

  • Volvo Owner's China Unit Sees Overseas Deals Fueling Growth
    Bloomberglast month

    Volvo Owner's China Unit Sees Overseas Deals Fueling Growth

    Billionaire Li Shufu’s Geely Automobile Holdings Ltd. expects the tycoon’s overseas bets from Daimler to Lotus and Volvo to help fuel growth as the Chinese carmaker targets new markets.

  • New Lotus SUV could be based on Volvo architecture
    Autobloglast month

    New Lotus SUV could be based on Volvo architecture

    Last year, Chinese carmaker Geely upped its stake in Lotus to a majority, recently investing more money into the British brand. Now, talking with Automotive News, CEO Jean-Marc Gales says Geely has approved three new models: two sports cars and the third an SUV.

  • Geely chairman says Daimler synergies 'no precondition' - Bloomberg
    Reuters2 months ago

    Geely chairman says Daimler synergies 'no precondition' - Bloomberg

    Cooperation with Geely will depend on the "desire" of Mercedes-Benz executives and is not a precondition of an investment in German carmaker Daimler (DAIGn.DE), Geely Chairman Li Shufu told Bloomberg news. Li revealed last month he had built up an almost 10 percent stake in Mercedes-Benz maker Daimler, hoping to access electric and self-driving car technology in a move which caught the German carmaker by surprise.

  • Reuters2 months ago

    Geely chairman says Daimler synergies "no precondition": Bloomberg

    Cooperation with Geely [GEELY.UL] will depend on the "desire" of Mercedes-Benz executives and is not a precondition of an investment in German carmaker Daimler (DAIGn.DE), Geely Chairman Li Shufu told Bloomberg news. Li revealed last month he had built up an almost 10 percent stake in Mercedes-Benz maker Daimler, hoping to access electric and self-driving car technology in a move which caught the German carmaker by surprise. If they don't, then we won't," Li was quoted as saying.

  • Geely chairman says Daimler synergies 'no precondition': Bloomberg
    Reuters2 months ago

    Geely chairman says Daimler synergies 'no precondition': Bloomberg

    Cooperation with Geely [GEELY.UL] will depend on the "desire" of Mercedes-Benz executives and is not a precondition of an investment in German carmaker Daimler (DAIGn.DE), Geely Chairman Li Shufu told Bloomberg news. Li revealed last month he had built up an almost 10 percent stake in Mercedes-Benz maker Daimler, hoping to access electric and self-driving car technology in a move which caught the German carmaker by surprise. If they don't, then we won't," Li was quoted as saying.

  • Geely's Li: Daimler Deal Driven by Brand Cachet Vs Common Ground
    Bloomberg2 months ago

    Geely's Li: Daimler Deal Driven by Brand Cachet Vs Common Ground

    Zhejiang Geely Holding Group Co. Chairman and founder Li Shufu made history last month when he became Daimler AG’s top shareholder, a move he says is driven more by the cachet of Germany’s storied auto ...

  • Reuters2 months ago

    Daimler CEO says Li Shufu partnership requires consensus from BAIC

    Daimler (DAIGn.DE) Chief Executive Dieter Zetsche on Tuesday welcomed Geely [GEELY.UL] Chairman Li Shufu as a new shareholder and said any industrial alliance will depend on whether current China partner BAIC (1958.HK) agrees. The meeting with Li was constructive, Zetsche said and next steps will be decided at a later stage. "We would like to have consensus with our Chinese partner," Zetsche said, referring to BAIC, the Chinese company with which Daimler operates the Beijing Benz factory in Beijing.