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Chairman of China’s Geely Has 9.7% Stake in Daimler

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In an unusual move the chairman of China's carmaker Geely, takes a 9.7% stake in Germany's Daimler AG. The investment was made not by Geely but by Mr. Li on his own. Geely acquired Volvo in 2010. After a decade of effort to turn Geely into a high quality brand from the low quality brand it was seen in 2008, Geely has now set its sights on expanding in the electric car field by allying itself with Daimler and other car companies. Geely is now the largest domestic brand in China.


China's automaker Geely.

05/17/2006

Grouped Articles

Auto Sales Keep Humming in China

Wall Street Journal 05/09/2013

Geely's Li Doubles Down on Volvo

Wall Street Journal 06/06/2013

Chinese Car Makers Struggle to Lure Buyers

Wall Street Journal 04/21/2014

China's Geely Shouldn't Drive Solo

Wall Street Journal 04/21/2014

Subsidies Stoke China's Domestic Car Makers

Wall Street Journal 05/24/2014

China’s motor industry: The coming crash

Economist 04/25/2015

China's carmakers Geely, SAIC, struggling in the domestic market

04/21/2014

Grouped Articles

Chinese Car Makers Struggle to Lure Buyers

Wall Street Journal 04/21/2014

China's Geely Shouldn't Drive Solo

Wall Street Journal 04/21/2014

China’s motor industry: The coming crash

Economist 04/25/2015

GM, SAIC Plan to Jointly Design New Cars

Wall Street Journal 07/29/2015

Chairman of China’s Geely Has 9.7% Stake in Daimler

WSJ 02/24/2018

Geely performance

08/27/2010

Grouped Articles

Geely's Li Doubles Down on Volvo

Wall Street Journal 06/06/2013

Geely's Volvo Plans Take Shape

Wall Street Journal 08/27/2010

Geely Readies Volvo Sharing Deals

Wall Street Journal 03/09/2012

Chinese Car Makers Struggle to Lure Buyers

Wall Street Journal 04/21/2014

China's Geely Shouldn't Drive Solo

Wall Street Journal 04/21/2014

Chairman of China’s Geely Has 9.7% Stake in Daimler

WSJ 02/24/2018

The culture clash between Volvo's traditional customer base and the luxury car segment base in China.

11/17/2006

One is understated and family friendly with an eye for safety and fuel efficiency, the other is showy and flashy. The different culltural backgrounds of European managers of Volvo and the new Chinese owners at Geely Holdings.

Grouped Articles

Luxury Car Makers Brace for Slower China Sales

Wall Street Journal 04/22/2013

Geely's Li Doubles Down on Volvo

Wall Street Journal 06/06/2013

Takeda Taps Glaxo Executive as CEO Candidate

Wall Street Journal 11/30/2013

Geely's Volvo Plans Take Shape

Wall Street Journal 08/27/2010

Volvo Trades on Swedish Heritage to Sell Cars

Wall Street Journal 12/26/2013

Volvo's Big China Gamble

Wall Street Journal 09/14/2010


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