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Geely Automobile Holdings to Acquire 34.02% of the Shares of Renault Korea Motors

10th May 2022, France – Renault Group and Geely Auto, China’s largest privately-owned automotive group, have entered into a share subscription agreement and a joint venture agreement subsequent to a framework agreement signed in January 2022 between Renault Group and Geely Holding Group. On completion, Geely Automobile Holdings (0175.hk) via its subsidiary,...

Geely Auto 2021 Financial Results Released

Geely Automobile Holding Ltd. (HK.0175) FY revenue 101.6B RMBNet profit attributable to stockholders 6.06B RMBTop selling Chinese automaker for five consecutive years, FY sales up 1% to 1.32 million units.Lynk & Co sold more than 220,000 vehicles, an increase of appx 26%Geely Auto exported more than 115,000 units, an increase...

Geely Automobile Holding Sales Volume For February 2022

Geely Automobile Holding Sales Volume For February 2022 Was 78,478 Units, Up Approximately 2% YOY 2022 March, 8th, Hangzhou, China, Geely Auto’s Hong Kong-listed holding company (the Group) (HK.0175), announced that the total sales volume of the Group during the month of February 2022 was 78,478 units, an increase of...

Geely Holding Group and Renault Group Sign Agreement for Joint Cooperation in South Korea

Zhejiang Geely Holding Group and Renault Group have signed a cooperation agreement to launch all-new vehicle lineup for the South Korean market.Renault-Samsung Motors (RSM) will manufacture Hybrid Electric and Internal Combustion Engine Vehicles in Busan for the local market and for export.Geely Group will become a strategic partner of RSM, including...