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Geely which owns Lotus, has begun production on a new factory for the British sports car brand. According to reports, the facility in Wuhan, the capital of central China’s Hubei province, will cost approximately $1.3 billion.
Geely Begins Work on New Lotus Factory Read More
Geely has become China’s third-largest carmaker with profits rising 53% in last six months on the back of strong sales …
Geely Has Become China’s Third Largest Carmaker Read More
The Chinese automaker Geely is en-route to become a global automobile giant. Not only that Geely has transformed itself but …
Geely to Challenge Porsche with Two Lotus SUVs Read More
After acquiring a 51% controlling stake in Lotus, Geely had pledged to accelerate development of new products and technologies at …
Geely-owned Lotus will be led by Chinese CEO Read More
British car magazine Autocar reports that Chief Executive of Lotus Cars, Jean-Marc Gales is keen to switch to powertrain options …
Geely-owned Lotus Might Use Volvo Powertrains Read More
On 23rd June, Zhejiang Geely Holdings signed an agreement with DRB-HICOM to purchase Proton Auto’s 49.9% shares, becoming the exclusive …
Geely Aims to Challenge Porsche Read More
The sale of a majority stake in Lotus to Chinese automotive heavyweight Geely has now been officially completed. Geely owns …
Geely Officially Buys Lotus Read More
Back in May, Geely announced that they are set to acquire Lotus and Geely within the year. Zhejiang Geely will …
Geely to Finalize Proton-Lotus Takeover This Month Read More
Future Volvo cars will use Lotus’ expertise in suspension tuning. Roger Wallgren, Volvo’s principal engineer of vehicle dynamics, revealed this …
Lotus-tuned Suspensions Could Be Used By Volvo and Geely Read More