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	<title>Geely - Ultimate Car Blog</title>
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		<title>China`s Own 2019 Geely Emgrand GSe Electric Crossover Fights Western Moguls with Appealing Design and Technology Suit</title>
		<link>https://www.ultimatecarblog.com/chinas-2019-geely-emgrand-gse-electric-crossover-fights-western-moguls-appealing-design-technology-suit/</link>
					<comments>https://www.ultimatecarblog.com/chinas-2019-geely-emgrand-gse-electric-crossover-fights-western-moguls-appealing-design-technology-suit/#respond</comments>
		
		<dc:creator><![CDATA[Eduard Huma]]></dc:creator>
		<pubDate>Sat, 09 Jun 2018 17:07:18 +0000</pubDate>
				<category><![CDATA[Geely]]></category>
		<category><![CDATA[2019 Geely Emgrand GSe]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Electric crossover]]></category>
		<category><![CDATA[technology]]></category>
		<guid isPermaLink="false">http://www.ultimatecarblog.com/?p=51135</guid>

					<description><![CDATA[<p>With China gradually becoming the world`s largest market in the auto industry, a lot of carmakers have shifted their attention towards developing new models that would sell extremely well on the local market, models that involve particularly the electric segment. To fight back the Western infusion, China had to start releasing its very own product. [&#8230;]</p>
<p>The post <a href="https://www.ultimatecarblog.com/chinas-2019-geely-emgrand-gse-electric-crossover-fights-western-moguls-appealing-design-technology-suit/">China`s Own 2019 Geely Emgrand GSe Electric Crossover Fights Western Moguls with Appealing Design and Technology Suit</a> appeared first on <a href="https://www.ultimatecarblog.com">Ultimate Car Blog | The Latest Car News, Reviews, Tuning</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>With China gradually becoming the world`s largest market in the auto industry, a lot of carmakers have shifted their attention towards developing new models that would sell extremely well on the local market, models that involve particularly the electric segment.</h2>
<p>To fight back the Western infusion, China had to start releasing its very own product. And what a product it is. It is the Geely automaker which is now producing new models that would compete the likes of those from the German manufacturers, and not only. </p>
<p>Especially aimed for the electric crossover market, the new 2019 Geely Emgrand GSe electric is definitely going to be a real deal for other important electric brands. It comes with an exclusive design and new technology suit, all for a very competitive price. Speaking of which, the model will be launched in China on June 9 and will have a price tag of around 110,000 YUAN which is the equivalent of $17,135 at today`s current rates. </p>
<p><span id="more-51135"></span></p>
<p>Once available on the market, the new 2019 Geely Emgrand GSe will be offered with a choice of five exterior colours, such as Sapphire Blue, Glass Orange, Amber Gold, Ice Crystal or Mars Red. There are also some new visuals than enhance its looks.</p>
<p>We are dealing here with new LED headlights, panoramic sun-roof, updated front bumper with closed grille, new wheels and a couple more on the sides. Inside, the cabin is now available with air-freshening system, wireless charging, voice control and much more.</p>
<p>As for the drivetrain under the hood, the model offers a very cheap yet competitive alternative for the western competitors. There is a 160 horsepower electric motor working in tandem with a lithium-ion battery pack which weighs around 380 kg and provides a range of an impressive 350 km in between charges. However, if you constantly drive at 6 km/h, you will come up with a range of 460 km. </p>

<a href='https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-1.jpg' rel="lightbox[gallery-0]"><img decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-1-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-1-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-1-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-1-144x144.jpg 144w" sizes="(max-width: 180px) 100vw, 180px" /></a>
<a href='https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-2.jpg' rel="lightbox[gallery-0]"><img decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-2-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-2-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-2-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-2-144x144.jpg 144w" sizes="(max-width: 180px) 100vw, 180px" /></a>
<a href='https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-3.jpg' rel="lightbox[gallery-0]"><img decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-3-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-3-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-3-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-3-144x144.jpg 144w" sizes="(max-width: 180px) 100vw, 180px" /></a>
<a href='https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-4.jpg' rel="lightbox[gallery-0]"><img loading="lazy" decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-4-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-4-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-4-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-4-144x144.jpg 144w" sizes="auto, (max-width: 180px) 100vw, 180px" /></a>
<a href='https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-5.jpg' rel="lightbox[gallery-0]"><img loading="lazy" decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-5-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-5-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-5-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-5-144x144.jpg 144w" sizes="auto, (max-width: 180px) 100vw, 180px" /></a>
<a href='https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-6.jpg' rel="lightbox[gallery-0]"><img loading="lazy" decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-6-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-6-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-6-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2018/06/2019-Geely-Emgrand-GSe-Electric-Crossover-6-144x144.jpg 144w" sizes="auto, (max-width: 180px) 100vw, 180px" /></a>

<p>The post <a href="https://www.ultimatecarblog.com/chinas-2019-geely-emgrand-gse-electric-crossover-fights-western-moguls-appealing-design-technology-suit/">China`s Own 2019 Geely Emgrand GSe Electric Crossover Fights Western Moguls with Appealing Design and Technology Suit</a> appeared first on <a href="https://www.ultimatecarblog.com">Ultimate Car Blog | The Latest Car News, Reviews, Tuning</a>.</p>
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		<title>Geely GC9 Showcased, Will Be Unveiled Next Week</title>
		<link>https://www.ultimatecarblog.com/geely-gc9-showcased-will-unveiled-next-week/</link>
					<comments>https://www.ultimatecarblog.com/geely-gc9-showcased-will-unveiled-next-week/#respond</comments>
		
		<dc:creator><![CDATA[Eduard Huma]]></dc:creator>
		<pubDate>Tue, 09 Dec 2014 17:12:31 +0000</pubDate>
				<category><![CDATA[Geely]]></category>
		<category><![CDATA[2.4-liter naturally aspirated]]></category>
		<category><![CDATA[Geely GC9]]></category>
		<guid isPermaLink="false">http://www.ultimatecarblog.com/?p=29812</guid>

					<description><![CDATA[<p>The Geely Chinese based carmaker has recently showcased the GC9 model, which will be officially unveiled on the market next week, on December 15. If we take a look at this car, we wouldn`t say it is in fact a genuine Chinese vehicle, bearing distinctive styling cues and great looking interior. The body style of [&#8230;]</p>
<p>The post <a href="https://www.ultimatecarblog.com/geely-gc9-showcased-will-unveiled-next-week/">Geely GC9 Showcased, Will Be Unveiled Next Week</a> appeared first on <a href="https://www.ultimatecarblog.com">Ultimate Car Blog | The Latest Car News, Reviews, Tuning</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Geely Chinese based carmaker has recently showcased the GC9 model, which will be officially unveiled on the market next week, on December 15. </p>
<p>If we take a look at this car, we wouldn`t say it is in fact a genuine Chinese vehicle, bearing distinctive styling cues and great looking interior.</p>
<figure id="attachment_29814" aria-describedby="caption-attachment-29814" style="width: 560px" class="wp-caption aligncenter"><a href="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-2.jpg" rel="lightbox-0"><img loading="lazy" decoding="async" src="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-2.jpg" alt="Geely GC9" title="Geely GC9 " width="560" height="240" class="size-full wp-image-29814" /></a><figcaption id="caption-attachment-29814" class="wp-caption-text">Geely GC9</figcaption></figure>
<p>The body style of the Geely GC9 is looking classy, as it has been mainly designed under the close supervising of Peter Horbury, the former design chief from Volvo.</p>
<p><span id="more-29812"></span></p>
<figure id="attachment_29813" aria-describedby="caption-attachment-29813" style="width: 560px" class="wp-caption aligncenter"><a href="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-1.jpg" rel="lightbox-1"><img loading="lazy" decoding="async" src="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-1.jpg" alt="Geely GC9" title="Geely GC9 " width="560" height="260" class="size-full wp-image-29813" /></a><figcaption id="caption-attachment-29813" class="wp-caption-text">Geely GC9</figcaption></figure>
<p>However, originality is the final word given for the exterior of the Geely GC9, which bears some distinctive lines, while inside, the cabin has also received new high-quality materials and a lot of interesting gizmos. </p>
<figure id="attachment_29816" aria-describedby="caption-attachment-29816" style="width: 560px" class="wp-caption aligncenter"><a href="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-4.jpg" rel="lightbox-2"><img loading="lazy" decoding="async" src="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-4.jpg" alt="Geely GC9" title="Geely GC9 " width="560" height="300" class="size-full wp-image-29816" /></a><figcaption id="caption-attachment-29816" class="wp-caption-text">Geely GC9</figcaption></figure>
<p>Having a look under the hood, we could see a 2.4-liter naturally aspirated, a 1.8-liter turbocharged, as well as the top of the line 3.5-liter V6 unit, all hooked to a 6-speed automatic gearbox. </p>
<p>No details were yet revealed about the car`s performance, but we will definitely learn more next week. </p>

<a href='https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-2.jpg' rel="lightbox[gallery-0]"><img loading="lazy" decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-2-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="Geely GC9" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-2-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-2-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-2-144x144.jpg 144w" sizes="auto, (max-width: 180px) 100vw, 180px" /></a>
<a href='https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-1.jpg' rel="lightbox[gallery-0]"><img loading="lazy" decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-1-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="Geely GC9" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-1-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-1-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-1-144x144.jpg 144w" sizes="auto, (max-width: 180px) 100vw, 180px" /></a>
<a href='https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-3.jpg' rel="lightbox[gallery-0]"><img loading="lazy" decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-3-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="Geely GC9" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-3-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-3-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-3-144x144.jpg 144w" sizes="auto, (max-width: 180px) 100vw, 180px" /></a>
<a href='https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-4.jpg' rel="lightbox[gallery-0]"><img loading="lazy" decoding="async" width="180" height="180" src="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-4-180x180.jpg" class="attachment-thumbnail size-thumbnail" alt="Geely GC9" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-4-180x180.jpg 180w, https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-4-50x50.jpg 50w, https://www.ultimatecarblog.com/wp-content/uploads/2014/12/Geely-GC9-4-144x144.jpg 144w" sizes="auto, (max-width: 180px) 100vw, 180px" /></a>

<p>The post <a href="https://www.ultimatecarblog.com/geely-gc9-showcased-will-unveiled-next-week/">Geely GC9 Showcased, Will Be Unveiled Next Week</a> appeared first on <a href="https://www.ultimatecarblog.com">Ultimate Car Blog | The Latest Car News, Reviews, Tuning</a>.</p>
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		<title>Geely is scheduled to dissolve by 2012</title>
		<link>https://www.ultimatecarblog.com/geely-is-scheduled-to-dissolve-by-2012/</link>
					<comments>https://www.ultimatecarblog.com/geely-is-scheduled-to-dissolve-by-2012/#respond</comments>
		
		<dc:creator><![CDATA[Lupica G.]]></dc:creator>
		<pubDate>Wed, 08 Sep 2010 18:00:03 +0000</pubDate>
				<category><![CDATA[Geely]]></category>
		<category><![CDATA[brand]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[dissolves]]></category>
		<category><![CDATA[Emgrand]]></category>
		<category><![CDATA[Englon]]></category>
		<category><![CDATA[Gleagle]]></category>
		<category><![CDATA[Volvo]]></category>
		<guid isPermaLink="false">http://www.ultimatecarblog.com/?p=1069</guid>

					<description><![CDATA[<p>Geely Automotive Holdings is one of the four largest automakers in China and their latest announcement needs careful reading before any sort of interpretation. The headline is that the Geely brand will be dissolved by 2012 but things aren&#8217;t that simple. This move isn&#8217;t one to liquidate but it is a rather bold marketing attempt [&#8230;]</p>
<p>The post <a href="https://www.ultimatecarblog.com/geely-is-scheduled-to-dissolve-by-2012/">Geely is scheduled to dissolve by 2012</a> appeared first on <a href="https://www.ultimatecarblog.com">Ultimate Car Blog | The Latest Car News, Reviews, Tuning</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Geely Automotive Holdings is one of the four largest automakers in China and their latest announcement needs careful reading before any sort of interpretation.</p>
<figure id="attachment_1070" aria-describedby="caption-attachment-1070" style="width: 460px" class="wp-caption aligncenter"><a href="https://www.ultimatecarblog.com/wp-content/uploads/2010/09/Geely-logo.jpg" rel="lightbox-0"><img loading="lazy" decoding="async" src="https://www.ultimatecarblog.com/wp-content/uploads/2010/09/Geely-logo.jpg" alt="Geely logo" width="460" height="441" class="size-full wp-image-1070" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2010/09/Geely-logo.jpg 640w, https://www.ultimatecarblog.com/wp-content/uploads/2010/09/Geely-logo-300x288.jpg 300w" sizes="auto, (max-width: 460px) 100vw, 460px" /></a><figcaption id="caption-attachment-1070" class="wp-caption-text">Geely logo</figcaption></figure>
<p>The headline is that the Geely brand will be dissolved by 2012 but things aren&#8217;t that simple. This move isn&#8217;t one to liquidate but it is a rather bold marketing attempt for a Chinese company.<br />
<span id="more-1069"></span><br />
Essentially what they will be doing is killing of the big name, in order to help the smaller brands they own develop and gain sales at a faster rate. While the big name, which is associated with rather poor quality products, mostly the tightest of budget options fades away, the other brands which feature better pedigree and product image will be better received by the public.</p>
<p>Either way, this will certainly benefit the companies they own namely Gleagle, Emgrand, Englon and, perhaps most importantly, Volvo. </p>
<p>If  the later may be a familiar sound, the others need a bit of explaining. Gleagle, is short version of Global Eagle, and is the automakers global brand, while Emgrand offers luxury options. To make it easier think Toyota and Lexus. Englon on the other hand is a bit peculiar, while you&#8217;ve probably never heard of them you&#8217;ve almost certainly heard about the cars they make as the company is responsable for the latest line of London taxis.</p>
<p>As the Geely brand dissolves, the company will focus on assisting their existing dealerships achieve greater levels of profitability and service. Also, they will begin to increase the number of Emgrand dealerships from 200 up to 250.</p>
<p>The post <a href="https://www.ultimatecarblog.com/geely-is-scheduled-to-dissolve-by-2012/">Geely is scheduled to dissolve by 2012</a> appeared first on <a href="https://www.ultimatecarblog.com">Ultimate Car Blog | The Latest Car News, Reviews, Tuning</a>.</p>
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		<title>Volvo is being sold today to Geely</title>
		<link>https://www.ultimatecarblog.com/volvo-is-being-sold-today-to-geely/</link>
					<comments>https://www.ultimatecarblog.com/volvo-is-being-sold-today-to-geely/#respond</comments>
		
		<dc:creator><![CDATA[Lupica G.]]></dc:creator>
		<pubDate>Sun, 28 Mar 2010 13:18:01 +0000</pubDate>
				<category><![CDATA[Ford]]></category>
		<category><![CDATA[Geely]]></category>
		<category><![CDATA[Volvo]]></category>
		<category><![CDATA[automotive crisis]]></category>
		<category><![CDATA[bid]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[Geely Holding Group]]></category>
		<category><![CDATA[Gothenburg]]></category>
		<category><![CDATA[Lewis Booth]]></category>
		<category><![CDATA[Li Shufu]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[Stephen Odell]]></category>
		<category><![CDATA[stock purchase details]]></category>
		<category><![CDATA[Swedish car]]></category>
		<category><![CDATA[Sweeden]]></category>
		<category><![CDATA[Volvo Cars]]></category>
		<category><![CDATA[Volvo in China]]></category>
		<category><![CDATA[XC90 to be sold in China]]></category>
		<guid isPermaLink="false">http://www.ultimatecarblog.com/?p=81</guid>

					<description><![CDATA[<p>Ford Motor Company is meeting up today with Zhejiang Geely Holding Group in order to place a beginning to a transaction that is going to take a few months, namely the selling of the Swedish car maker Volvo. This contract is to help both companies to a great extend as Ford will be able to [&#8230;]</p>
<p>The post <a href="https://www.ultimatecarblog.com/volvo-is-being-sold-today-to-geely/">Volvo is being sold today to Geely</a> appeared first on <a href="https://www.ultimatecarblog.com">Ultimate Car Blog | The Latest Car News, Reviews, Tuning</a>.</p>
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										<content:encoded><![CDATA[<p>Ford Motor Company is meeting up today with Zhejiang Geely Holding Group in order to place a beginning to a transaction that is going to take a few months, namely the selling of the Swedish car maker Volvo.</p>
<figure id="attachment_82" aria-describedby="caption-attachment-82" style="width: 460px" class="wp-caption alignnone"><a rel="attachment wp-att-82" href="https://www.ultimatecarblog.com/volvo-is-being-sold-today-to-geely/volvo-logo/"><img loading="lazy" decoding="async" class="size-full wp-image-82" src="https://www.ultimatecarblog.com/wp-content/uploads/2010/03/Volvo-Logo.jpg" alt="Volvo Logo" width="460" height="385" srcset="https://www.ultimatecarblog.com/wp-content/uploads/2010/03/Volvo-Logo.jpg 460w, https://www.ultimatecarblog.com/wp-content/uploads/2010/03/Volvo-Logo-300x251.jpg 300w" sizes="auto, (max-width: 460px) 100vw, 460px" /></a><figcaption id="caption-attachment-82" class="wp-caption-text">Volvo Logo</figcaption></figure>
<p>This contract is to help both companies to a great extend as Ford will be able to free up quite a sum of money that is tied in assets in order to help itself out of the automotive crisis while at the same time bringing access to new technology for Geely.</p>
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<p>As Volvo’s buyer, Geely is Chinas tenth largest automotive manufacturer and this acquisition will help it enormously in competing with the Great Republics state owned companies. The biggest plan for Volvo in China is the building of a new plant there and the introduction of the XC90 to the market.</p>
<p>As this deal is set to take a long period of time, as often the way is with such large purchases, today the meeting between Geely Chairman Li Shufu, Volvo Cars CEO Stephen Odell and Ford CFO Lewis Booth is purposed in reaching an agreement on the stock purchase details.</p>
<p>Ever since Ford announced that it preferred the bid of the Chinese car maker, back in October last year, there has been a lot of controversy surrounding the event in the form of Volvo employees being kept in the dark on the details, the general public considering Volvo will no longer be the tradition car maker it is and other media consideration.</p>
<p>More details on Volvos sale, and Chinas biggest overseas car deal, to be announced at a press conference held in Gothenburg.</p>
<p>The post <a href="https://www.ultimatecarblog.com/volvo-is-being-sold-today-to-geely/">Volvo is being sold today to Geely</a> appeared first on <a href="https://www.ultimatecarblog.com">Ultimate Car Blog | The Latest Car News, Reviews, Tuning</a>.</p>
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