|Bid||12.200 x 0|
|Ask||12.220 x 0|
|Day's Range||12.060 - 12.340|
|52 Week Range||10.080 - 19.960|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||7.65|
|Forward Dividend & Yield||0.35 (2.86%)|
|1y Target Est||N/A|
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
China's top search engine operator Baidu Inc has joined hands with Zhejiang Geely Holding Group and Japan's Toyota Motor Corp to cooperate on areas related to artificial intelligence (AI) amid a push for self-driving cars. Under their partnership, Geely and Toyota have joined Apollo, an autonomous driving platform by Baidu. Baidu will provide Apollo Minibus, a software product for autonomous bus vehicles, to Toyota's e-Palette vehicles in the future, and will work with the automaker to explore more uses of autonomous driving technologies, said Li Zhenyu, vice president of Baidu who is in charge of its intelligent driving unit.
Geely Automobile Holdings Limited's (HKG:175) most recent earnings announcement in April 2019 revealed that the...
Li Shufu's Zhejiang Geely Holding Group [GEELY.UL] intends to remain a long-term investor in Swedish truckmaker AB Volvo , a source close to the Chinese firm said, denying media reports that it was gearing up to sell its stake. Geely became Volvo's second largest owner by voting rights last June after assuming an 8.2% stake in the company that came with 14.9% voting rights. The move followed Geely's purchase of a 10% stake in Volvo's main rival Daimler , raising questions in Sweden about its intentions for one of the country's largest employers.
China-based Zhejiang Geely Holdings is tapping Zenuity, the joint venture between Volvo and Swedish technology company Veoneer, as its preferred driver assistance and autonomous vehicle software supplier for its range of car brands. The decision means Zenuity's software will likely end up in vehicles under the brands Geely Auto, Geometry, Volvo Cars, performance brand Polestar, British carmaker Lotus and the subscription-based automaker Lynk & Co. Geely Holdings' total group sales last year were 2.15 million vehicles, according to the company.
China's Geely has chosen Zenuity, a joint venture between its Volvo car marque and Swedish technology group Veoneer, as its preferred supplier for assisted and self driving software. Geely's deal, encompassing car brands including Geely Auto, performance brand Polestar, subscription-based electric carmaker Lynk & Co and British sports car maker Lotus, provides a welcome boost for Zenuity. Veoneer said in April it was carrying out a review of Zenuity, which is focused on developing software for assisted driving features (ADAS) such as lane keeping and autonomous driving (AD), and seeking efficiencies from the venture.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Sheng Yue Gui has been the CEO of Geely Automobile Holdings Limited (HKG:175) since 2006. This analysis aims first to...
FRANKFURT/DETROIT, May 29 (Reuters) - Fiat Chrysler Automobiles NV and Renault SA promise huge savings from a mega-merger, but such combinations face tall odds because of the industry’s long product cycles and problems translating deal blueprints into real world success, industry veterans told Reuters. Renault and Nissan Motor Co, which have been in an alliance since 1999 designed to share vehicle components, have only managed to use common vehicle platforms in 35% of Nissan's products despite an original target of 70%, according to Morgan Stanley.
On Wednesday, Italy’s Mediaset SpA said it had acquired almost 10 percent of German commercial broadcaster ProSiebenSat.1 Media SE. As I argued with the M7 deal, for Mediaset and ProSieben, there’s absolutely a logic to teaming up. The digital onslaught means that broadcasters are losing viewers to Netflix Inc. and Amazon.com Inc.’s Prime, and hemorrhaging advertisers to Alphabet Inc.’s Google and Facebook Inc. In response, they’re scrambling to build video-on-demand platforms that appeal to their local audiences, and advertising technology offerings to stanch the loss of brands.
Asian shares rose on Tuesday, lifted by gains in China and as auto firms climbed on merger news, but broad uncertainties over trade and economic growth kept investor enthusiasm in check. In early European trade, pan-region Euro Stoxx 50 futures were up 0.39% at 3,365, German DAX futures were up 0.39% at 12,112, FTSE futures were up 0.5% at 7,299.5, and France's CAC 40 futures were up 0.41% at 5,319. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.38%, and U.S. S&P 500 e-mini futures rose 0.22% to 2,837.25, pointing to gains when U.S. markets reopen on Tuesday after a holiday.
Asian shares edged up on Tuesday lifted by gains in China and as auto firms climbed on merger news, but broad uncertainties over trade and economic growth kept a lid on gains. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.31%, and U.S. S&P 500 e-mini futures rose 0.19% to 2,837.25. Seoul's KOSPI added 0.13%, while Australian shares were up 0.45%.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...
Swedish carmaker Volvo, which is owned by China's Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources. "As a growing company Volvo Cars is constantly reviewing its cost base. This becomes even more important in light of the headwinds the industry is facing and Volvo Cars is now increasing its focus on costs related to staffing and bought services," the company said in an emailed statement.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we're going to take a look at the well-established Geely Automobile Holdings Limited...
The big shareholder groups in Geely Automobile Holdings Limited (HKG:175) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders...
Geely, China's highest profile car maker with investments in Volvo and Daimler, launched a premium all-electric car brand "Geometry" on Thursday as it pushes ahead with its plans to boost production of new energy vehicles. The move comes as automakers race to develop vehicles powered by means other than petrol to meet an expected rise in demand as the world's top car market enforces official production quotas designed to reduce smog. Geometry will take overseas orders but will mainly focus on the Chinese market and will launch more than 10 pure electric models in multiple segments by 2025, Geely said in a statement on Thursday.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! After Geely Automobile Holdings Limited's (HKG:175) earnings announcement on 31 December 2018...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! As Geely Automobile Holdings Limited (HKG:175) announced its earnings release on 31 December 2018...
FRANKFURT/BEIJING (Reuters) - Daimler will build its next generation of Smart electric cars in China through a joint venture with Geely, as a way to increase economies of scale in a market segment that is struggling to turn a profit. China's Geely built a stake of almost 10 percent in Daimler last year, saying it wanted to forge an alliance to develop electric and self-driving cars to better compete against new competitors such as Uber and Google. Daimler said on Thursday it would build the next generation of Smart-branded city cars at a purpose-built factory in China, and planned to share its expertise in manufacturing, engineering and design with Geely.