Geely, with Volvo’s help, plans to grow into a global auto giant

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TAIZHOU, China/SHANGHAI — Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China’s first global auto giant.

The yet-to-be-finalized plans for Proton are just one strand of a Geely project to revamp factories at home and abroad using joint platforms it has been perfecting with Volvo since 2013. Geely bought the Swedish brand 10 years ago for $1.8 billion — a deal that raised its international profile and sent shockwaves through

Insights on the Automotive Biometric Driver Identification System Global Market to 2024 – Featuring Bayometric, AMS & BIODIT Among Others

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Dublin, Aug. 10, 2020 (GLOBE NEWSWIRE) — The “Automotive Biometric Driver Identification System Market: Trends, Forecast and Competitive Analysis” report has been added to ResearchAndMarkets.com’s offering.

The future of the biometric driver identification system market looks promising with opportunities in the large car, SUVs and crossovers, compact car, mid-size car, light commercial vehicles, and electric vehicle markets.

The automotive biometric driver identification system market is expected to grow with a CAGR of 24% from 2019 to 2024. The major drivers for this market are growing demand for connected and autonomous cars, the increasing use of smartphone enabled functions, and increasing

Geely Wants To Become China’s ‘First Global Auto Giant’

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Geely has ambitions, Hyundai is getting more serious about EVs, Buick wants the Encore GX to perform, and a lawyer accused GM of McCarthyism. All that and more in The Morning Shift for August 10, 2020.



a car parked on the side of a road


© Photo: Getty Images (Getty Images)


Geely bought Volvo a decade ago in a time when that deal was seen as … sketchy at best, since Volvo wasn’t really on solid footing and Geely was an unknown. All Volvo has done since then is hit it out of the park, while Geely has been rising along with it. Geely is now sketching out

Global Automotive Engine Control Unit (ECU) Market 2020 Key Dynamics, Recent and Future Demand, Trend, Analysis upto 2025

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The MarketWatch News Department was not involved in the creation of this content.

Aug 09, 2020 (CDN Newswire via Comtex) —
Global Automotive Engine Control Unit (ECU) Market 2020 by Manufacturers, Type and Application, Forecast to 2025 published by MarketsandResearch.biz is an in-depth analysis of the global market size, segmentation market growth, market share, competitive landscape, and strategic market growth analysis. The report offers a brief summary of market valuation, and profit forecast, as well as the competitive environment and business strategies enforced by the giants of this industry. The report contains a debut on new tendencies that could direct