Geely Automobile Holdings Ltd (0175.HK)
20 Jul 2018
BERKELEY COUNTY, South Carolina (Chinese-owned Volvo Cars opened a new auto factory in South Carolina on Wednesday as company executives warned that the U.S.-China trade dispute could undermine plans to create up to 4,000 more auto jobs in the heavily Republican state. | Video
SHANGHAI/MUNICH Auto supplier Ningbo Jifeng Auto Parts is aiming to buy German rival Grammer in an agreed deal at a time when Chinese takeovers face increased scrutiny from German and European authorities eager to protect domestic know-how.
* Chinese carmaker spending billions on global deals (Adds link to Breakingviews, new sources from minority investors, background)
* GROUP'S EXPORTS VOLUME WAS UP AROUND 187 PERCENT YEAR-ON-YEAR TO 1,860 UNITS IN MONTH OF APRIL 2018 Source text for Eikon: Further company coverage:
* GEELY AUTOMOBILE HOLDINGS LTD'S CHAIRMAN LI SHU FU HAS ADDED 20.15 MILLION SHARES IN THE COMPANY AT AN AVERAGE HK$21.479 ($2.74) PER SHARE ON MAY 2
ZHANGJIAKOU, China, April 27 While auto workers in Germany and South Korea fight to save their jobs, one of China's youngest auto brands is gearing up to build sport utility vehicles at a new factory with digitally-connected robots and a fresh workforce of 1,800 people.
BEIJING Guangzhou Automobile Group Co Ltd (GAC) on Wednesday said a brewing trade war between China and the United States could hurt the Chinese automaker's plans to break into the U.S. market if tariff barriers were raised.
* Chinese automakers increasingly looking overseas (Adds pictures to media packaging information)
* Chinese automakers increasingly looking overseas (Adds comments from GAC executive)
BRIEF-Aisin Seiki unit to set up automatic transmission production JVs with GAC Motor and Geely Automobile
* Says its unit Aisin AW Co., Ltd., will establish two automatic transmission production JVs with the Chinese automobile manufacturers Guangzhou Automobile Group Motor Co., Ltd.(GAC Motor) and Zhejiang Geely Holding Group Co. Ltd. subsidiary Zhejiang Geely Luoyou Engine Co., Ltd. (Geely Automobile) respectively in 2018