Gewinn & Umsatz News zur GEELY ADR Aktie

 

Volvo Car AB, the Swedish brand controlled by Zhejiang Geely Holding Group Co., is handing more power to its executives in China as the carmaker looks to boost sales in the fiercely competitive local market....

Tesla's Chinese Challenge Tesla (NASDAQ:TSLA), once a dominant force in China's electric vehicle (EV) market, is facing headwinds. In the second quarter, Tesla's sales in China dropped 11.7%, a stark contrast to the robust growth of local EV giants like BYD (OTC:BYDDY) and Geely.  Chinese consumers, accustomed to tech-laden vehicles, are increasingly favoring domestic brands […] The post Can Tesla's Chinese AI Gamble Reverse Its Sales Slump? appeared first on 24/7 Wall St.....

Two of China's corporate heavyweights JD.com Inc. and Geely Automobile Holdings Ltd. have revealed the scope of the earnings impact they're having from brutal price competition, and investors are hitting the sell button....

Geely Auto, mainland China's second-largest carmaker, reported a 14 per cent drop in first-half profit even as revenue surged on sales of electric vehicles (EVs) to budget-conscious consumers aided by heavy discounts. Profit for the January to June period came in at 9.3 billion yuan (US$1.3 billion) versus 10.8 billion yuan a year earlier based on international accounting standards, according to a filing to the Hong Kong stock exchange on Thursday. The profit exceeded the 7.6 billion yuan......

Geely Automobile Holdings Ltd.'s first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider Chinese auto industry faces regulatory scrutiny over a long-running price war....

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Zeekr, a premium electric vehicle (EV) unit of Geely Auto, has jumped on the hybrid technology bandwagon to widen its customer base amid rising competition in the world's largest automotive market. The Hangzhou-based company has become the latest mainland Chinese EV assembler to launch plug-in hybrids, leaving Shanghai-headquartered Nio as the only domestic company making pure EVs. US carmaker Tesla, which produces cars on the mainland, is another maker of pure EVs. “Nearly all Chinese carmakers......

China's leading electric vehicle (EV) makers from BYD to Geely Auto sustained their strong sales last month as big price cuts lured new buyers, helping boost their market share and heaping pressure on smaller, unprofitable rivals. BYD, the world's largest EV builder, delivered 382,585 vehicles in June for its best month this year, the Shenzhen-based company said in a filing on Tuesday. While deliveries were little changed from May, they jumped 12 per cent from a year earlier. Geely, China's......

China's automotive sector has descended into a brutal price war as the industry enters its traditional slow season, with more than 70 models from manufacturers including BYD, Geely, and Chery offering steep discounts in the week of May 23-30 alone....

HONGKONG, China (IT-Times) – Die Analysten von China Merchants Securities (CMS) haben sich zum chinesischen Automobilmarkt mit einem Research-Update zu BYD und Geely......

Die Konkurrenz dürfte recht neidisch nach China blicken: Geely verbucht 25 Prozent mehr Umsatz, 264 Prozent mehr Gewinn und fast 16 Prozent Marge. Der Beitrag Geely bei Absatz und Gewinn deutlich im Plus erschien zuerst auf Elektroauto-News.net....

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Geely Automobile Holdings Ltd., the Hong Kong-listed unit of billionaire Li Shufu's sprawling auto empire, said first-quarter profit surged as sales climbed and it continued on a cost-cutting drive to stay on top of China's ultra-competitive car market....

The Chinese automaker said it achieved record sales in the first quarter and saw robust growth in the new-energy business....

Leapmotor recorded its best-ever one day sales on Monday; Geely Auto saw unprecedented buying spree during 'golden week' holiday....

Geely sold 2.18 million vehicles last year, of which 1.76 million units were delivered on the mainland while 414,522 units were exported....

The Chinese automaker's 2024 net profit more than tripled on robust sales and record exports, helping cement its position as a leading player in the intensely competitive EV sector....

Geely Automobile Holdings Ltd.'s full-year profit beat analyst estimates after the carmaker increased sales volumes and reduced costs to better compete in the cut-throat Chinese market....

ECARX, an auto technology firm backed by Chinese carmaker Geely, says it is confident about hitting break-even this year. Chairman and CEO Ziyu Shen discusses the company's latest results on "Bloomberg: The China Show." (Source: Bloomberg)...

Geely-Chef Li Shufu hat eine Version für Polestar: Die Marke soll der Porsche des Elektrozeitalters werden. Doch bisher fährt das Unternehmen nur Verluste ein. Nun bekommen die Schweden frisches Geld....