THE WEEK THAT WAS: Geely tipped for Volvo
Author: just-auto.com editorial team | 30 October 2009
So it looks like Geely is now the front-runner to acquire Volvo from Ford. Analysts have been questioning if the Chinese firm can uphold the brand values and superb safety rep but Geely itself remained confident as the week drew to a close.
Loads of third-quarter/second fiscal quarter results were out this week. Highlights included VW, dragged down a bit by Seat and Bentley and apparently kept out of the red ink by high flying Audi.
Still no word yet on a final deal inking for Magna and Opel but signs of positive movement here in the UK and a slight difference of opinion in the new German government.
Russia appears to be moving towards requiring full local assembly from CKD kits, which means adding welding, painting and trimming to the skill/equipment sets and offers wider opportuity for local suppliers. That looks like it could impact most on VW.
Fresh back from the States, colleague Dave transcribed his full interview with Ford CEO Alan Mullaly.
End of October already - where has this tumultuous year gone?
Enjoy your weekend.
Graeme Roberts
Deputy/News Editor
just-auto.com
Sectors: Emerging markets, Financial, Vehicle manufacturers
Companies: Volvo, Ford, VW, Bentley, Audi, Opel
View next/previous articles
30 Oct 2009 -
Currently reading -
THE WEEK THAT WAS: Geely tipped for Volvo
30 Oct 2009 -
Related research
Automotive Logistics for Production Report
This report, the first to be published taking into account the impact of the global financial crisis and the heightened economic volatility on the foot print of the international automotive industry and the vulnerability of its supply chain, provides...
Electric Vehicle (EV) and Plug-In Hybrid Electric Vehicle (PHEV) Markets Worldwide
In 2009, the Toyota Prius hybrid electric vehicle (HEV) became the best selling passenger vehicle in Japan, beating out all other gasoline powered cars. It has been thirteen long years, but hybrids have finally hit the big time. No longer just for en...
Intelligence set: Company profiles for the major vehicle manufacturers
This intelligence set packages together the latest 2009 editions of our company profiles covering the major vehicle manufacturers, using the latest and most up to date data available. It offers great value for money and contains essential information...
Related articles
BEIJING SHOW PREVIEW: VW to show revised Phaeton
Volkswagen is to show an updated Phaeton at the Beijing Auto Show - which opens to journalists tomorrow (April 23).
Driven by tough new legislation and the urgent need for weight reduction, the choice of materials is changing quickly across a wide range of vehicle applications. We discussed the trend with Paul Compton, president and CEO - Europe, JSP. JSP's materials are addressing an increasingly diverse range of issues.
Read further items in this columns
The Week That WasDeputy/news editor Graeme Roberts' Friday wrap on the important automotive news from the week just ending.
There are currently no comments on this article
Be the first to comment on this article