On show in Beijing was An extra-long Rolls Royce alongside the fastest ever Ferrari road car made
The cars made their debut in Beijing as luxury car makers attempt to attract the attention of Chinas new super-rich consumers in the world’s biggest market.
Rolls Royce sold two models holding a price tag of nine million RMB (1.3 [...]
Hangzhou, China / Gothenburg, Sweden – 28 March, 2010 – Zhejiang Geely Holding Group Co., Ltd. (“Zhejiang Geely Holding Group”), one of the fastest-growing car manufacturers in China, today announced it has signed a definitive stock purchase agreement with Ford Motor Company to acquire 100 per cent of Volvo Car Corporation (“Volvo Cars”) and related [...]
By Joe Studwell, founding editor of China Economic Quarterly
BYD, the Shenzhen-based car and battery maker, is the most valuable listed manufacturing business in China right now, with a market capitalization of $17bn.
Investors are betting that BYD’s twin business model will make it a global leader in electric vehicle production. Warren Buffett-controlled MidAmerican Energy Holdings, which [...]
Geely Automobile Holdings Ltd. (0175.HK) on Wednesday posted record car sales of 43,446 for December, more than double its sales in the year-earlier month, amid an improving Chinese economy.
For 2009, the Hong Kong-listed company sold 325,413 cars, up 59% from 2008 and exceeding its target of 250,000. The company didn’t provide year-earlier figures.
Geely Automobile is [...]
