Lotus bought out by Geely
China’s Geely is buying a majority stake in Proton-owned British carmaker Lotus as part of a deal to also buy out nearly half of the Malaysian carmaker, according to a recent announcement.
China’s Geely is buying a majority stake in Proton-owned British carmaker Lotus as part of a deal to also buy out nearly half of the Malaysian carmaker, according to a recent announcement.
Remember that time when Chinese cars were considered to be at the same level as week-old sushi. And speaking of sushi, believe it or not, even Japanese cars had just as bad a reputation about half a century ago. The Koreans were on the same boat just a decade ago, and now they are among the top sellers in most developed car markets thanks to their world-class quality at affordable prices. So how far are the Chinese is reaching the level of established brands in terms of design, quality and image. Not far, as we’re seeing, and leading the charge is Geely.
The name doesn’t quite roll off the tongue, but then again, most car names don’t nowadays. The Geely Emgrand X7 Sport is the latest player from China to take on the Middle East crossover market. And it’s probably the closest in terms of killing the Made-in-China stereotype.
The inception of a new brand into the car market is a tricky affair. But a new subsidiary of China’s Geely Motors, called Lynk & Co has decided to step in with one of the most technologically advanced cars ever. As of now, software is only used as a basic component in a car. But Lynk & Co is looking to change that with their first car, the 01 electric compact SUV, which uses software as the backbone of the design to create supposedly the most connected car ever built.
Towell Auto Centre recently launched the Geely Emgrand GT with the 3.5-litre V6 in Oman, after launching the 2.4-litre inline-4 model earlier this year. It comes a few months after the 4-cylinder car was launched in the UAE by Union Motors.
What do iPhones, Nike Air Jordans and Honda Accords have in common? All three popular products are made in China. However, actual homegrown Chinese brands have built a reputation for their lack of build quality, let alone safety, especially when it comes to cars. So when a Geely executive contacted us, directly from China no less, to try out their latest still-to-be-formally-named midsize sedan, consider our interest piqued.
Geely is on a roll in the GCC region, it seems. Two test cars in light camo which were spotted by two commuters in Dubai on two different streets that lay fairly close by, turned out to be two different models from the same manufacturer, Geely. This one is the Emgrand EC825.
So I was driving along Garhoud Bridge in Dubai a few days ago, and a seemingly mid-size sedan bearing light camouflage caught my attention. Like any other car enthusiast I was eager to find out what it was and soon got involved in a brief chase with the unknown driver of the unknown car. Though the chase did not help me get a clue of what brand the car possibly belonged to, I succeeded in taking a few pictures of the car. And as it turned out, what I chased was a Geely Emgrand EC718.
The news of the day is that Ford has finally completed the sale of its Swedish Volvo division to China’s Geely for US$ 1.8 billion. Almost simultaneously, Volvo has announced a recall for all of the S80 sedans for the 2007-2010 model years.
حيث أعلنت المجموعة أن لي شوفو، رئيس مجلس إدارة جيلي، سيصبح رئيساً لمجلس إدارة شركة ڤولڤو للسيارات، وذلك عند إتمام صفقة الاستحواذ، بينما سيتم تعيين هانس-أولوڤ أولسون نائباً لرئيس مجلس إدارة ڤولڤو للسيارات. ويشار إلى السيد أولسون هو الرئيس والرئيس التنفيذي السابق لشركة صناعة السيارات السويدية ڤولڤو .
وفي هذا الصدد، قال لي شوفو: “لقد أحرزنا تقدماً ملحوظاً فيما يتعلق بتشكيل فريق سيعمل على تطوير وتنمية أعمال ڤولڤو للسيارات كشركة تابعة لمجموعة جيلي.