Geely Automobile Holdings Ltd. posted a flat first-half net profit despite higher revenue, as its gross profit margin was hurt by intensifying competition in the automobile market.

STOCKHOLM (Reuters) -China's Geely Holding, the main owner of Volvo Cars, Lotus and other auto brands, has appointed a new board chair at its key European investment company to replace founder ...

Geely Auto, the mainland’s second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely to ripple across the sector as most Chinese companies are ...