Geely Automobile Holdings Ltd. (GELYF) - OTCPK - Current
  • Tue, Apr. 26, 8:24 AM
    • A mix of tech and automobile companies are collaborating on a self-driving car initiative with a political goal.
    • The coalition includes Ford (NYSE:F), Volvo (OTCPK:GELYF), Uber (Private:UBER), Lyft (Private:LYFT), and Alphabet (GOOG, [[GOOGLE]]).
    • The group will push the U.S. government to develop a set of standards for self-driving cars to help the burgeoning technology.
    • Now read Toyota: The Cradle Of Innovation In The Automotive Industry 
    | Tue, Apr. 26, 8:24 AM | 30 Comments
  • Sat, Apr. 23, 9:54 AM
    • Automobile industry heavyweights are gathered in Beijing ahead of next week's major auto show. Many of the side interviews with exec are as revealing as the model reveals.
    • Ford (NYSE:F) CEO Mark Fields is on the scene. He has already tipped to reporters that the automaker isn't interested in a merger with Fiat Chrysler Automobiles (NYSE:FCAU). Last week, Fiat CEO Sergio Marchionne teed up Toyota (NYSE:TM), Volkswagen (OTCPK:VLKAY), and the Blue Oval as the only remaining potential merger partners left in the industry.
    • This year's event takes on added significance with local manufacturers increasing market share in China. During Q1, the top five selling models in the high-margin SUV category were all made by Chinese companies.
    • Automobile sales are expected to rise 7% in China this year, aided by a tax break on purchases. Some analysts think that demand will fall flat next year.
    • Another key topic will be the supply chain disruption due to the earthquakes in Japan. Most of the majors have been affected by the natural disaster.
    • Models being showcased next week at the Beijing Auto Show include the Acura CDX, Audi TT RS, Chevrolet FV2030, Jaguar XFL, and the all-electric LeEco.
    • The LeEco is made by the Chinese parent company of EV player Faraday Futures. Though there's plenty of room in the China EV market for LeEco, Tesla Motors, and others - a Bloomberg report this week indicated that EV sales numbers out of China can't be trusted.
    • Related automaker stocks: OTC:CQCAF, OTCPK:GWLLF, OTCPK:GWLLY, OTCPK:GELYF, OTCPK:GELYY, OTCPK:BYDDY, OTCPK:BYDDF, KNDI, OTCPK:DNFGY, OTCPK:DNFGF, OTCPK:DDAIF, OTCPK:VLKAY, OTCPK:BAMXY, GM, TTM.
    • Now read  The First Trust Nasdaq Global Auto Index ETF: Road To Success?
    | Sat, Apr. 23, 9:54 AM | 35 Comments
  • Mon, Apr. 18, 9:24 AM
    • Kandi Technologies (NASDAQ:KNDI) announces two of the EV models produced by its joint venture will receive tax exemption approval in China.
    • The Geely Global Hawk brand electric vehicles model SMA7001BEV25 and SMA7000BEV05 landed the distinction.
    • The company expects EV sales to accelerate this year after a slow start due in part to trademark rulings delays.
    • Kandi partners with Geely Automotive (OTCPK:GELYF, OTCPK:GELYY) in the 50-50 JV.
    • Now read Electric Vehicle Maker Set To Accelerate: Kandi Technologies 
    | Mon, Apr. 18, 9:24 AM | 6 Comments
  • Fri, Apr. 15, 7:56 AM
    • Volvo (OTCPK:GELYF) car registrations +11.2% to 30,862 units in March, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +6.0 Y/Y to 1,700,683 units in March, led by strong growth in Italy and France. Registrations in Germany were down slightly.
    • Volvo market share: 1.8% vs. 1.7% a year ago.
    • Volvo YTD registrations +12.2%.
    • EAMA release (.pdf)
    | Fri, Apr. 15, 7:56 AM
  • Tue, Apr. 5, 7:43 AM
    • Volvo Car Group announces sales growth of 9% in Q1 to 120,591 vehicles.
    • The automaker ended the quarter strong with a gain of 11.5% in March, led by strong demand for the XC60.
    • Q1 sales by region: China +13.4% to 19,636 units; U.S. +19.2% to 16,361 units; Sweden +13.9% to 16,047 units; Western Europe +13.3% to 49,286 units.
    • Volvo is a subsidiary of Geely Automotive Holdings (OTCPK:GELYF).
    • Now read Volvo Gamble Pays Dividends For China's Geely
    | Tue, Apr. 5, 7:43 AM
  • Wed, Mar. 16, 7:47 AM
    • Volvo (OTCPK:GELYF) car registrations +21.1% to 20,580 units in February, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +14.3 Y/Y to 1,056,902 units in February, led by double-digit growth in Italy and Spain. Registrations in Germany were up 7.8%.
    • Volvo market share: 1.9% vs. 1.8% a year ago.
    • Volvo YTD registrations +12.3%.
    • EAMA release (.pdf)
    | Wed, Mar. 16, 7:47 AM
  • Wed, Feb. 24, 9:02 AM
    • Volvo (OTCPK:GELYF) plans to sell cars without keys or fobs in 2017.
    • The automaker will feature digital key technology that relies on a bluetooth connection between a smartphone and a car.
    • In a more advanced scenario, owners could give up access to their cars electronically through their smartphones and car rental agencies could ditch keys in favor of smartphone access to vehicles.
    • Side note: The broad connected car initiative could be favorable to companies in the PureFunds ISWE Cyvber Security ETF (NYSEARCA:HACK).
    | Wed, Feb. 24, 9:02 AM | 2 Comments
  • Mon, Feb. 22, 11:31 AM
    • Geely Auto (OTCPK:GELYY) and Ericsson (ERIC +1.2%) have signed an agreement to jointly develop connected car services enabled by the latter's Connected Vehicle Cloud platform.
    • Geely will begin by offering its customers advanced safety and maintenance features before progressing to vehicle-to-vehicle and vehicle-to-infrastructure communications and, ultimately, autonomous driving.
    | Mon, Feb. 22, 11:31 AM
  • Tue, Feb. 16, 10:21 AM
    • Volvo (OTCPK:GELYF) car registrations +4.7% to 19,675 units in January according to the European Automobile Manufacturers Association.
    • Overall EU registrations +6.2% Y/Y to 1,061,150 units in January, led by strong demand in Italy and Spain. Positive registration growth was also recorded in Germany, France, and the U.K.
    • Volvo market share: 1.8% vs. 1.8% a year ago.
    • EAMA release (.pdf)
    | Tue, Feb. 16, 10:21 AM
  • Mon, Jan. 18, 10:29 AM
    • European car registrations rose 16.6% in December to 1,109,927 units.
    • Registrations for 2015 ended 9.3% higher at 13,713,526 units. A strong recovery in Spain and Italy contributed significantly, while volume leader Germany saw a steady gain of 5.6% amid a challenging year in the domestic market.
    • 2015 European market share by manufacturer: Volkwagen Group (OTCPK:VLKAY) 24.8%, Peugeot (OTCPK:PEUGF) 10.4%, Renault (OTC:RNSDF) 9.6%, Ford (NYSE:F) 7.2%, Opel (NYSE:GM) 6.7%, BMW (OTCPK:BAMXY) 6.6%, Fiat Chrysler (NYSE:FCAU) 6.1%, Daimler (OTCPK:DDAIF) 5.9%, Toyota (NYSE:TM) 4.3%, Nissan (OTCPK:NSANY) 3.9%, Hyundai (OTC:HYMLF) 3.3%, Kia (OTC:HYMLF) 2.7%, Volvo (OTCPK:GELYF) 2.0%, Mazda (OTCPK:MZDAY) 1.5%, Suzuki (OTCPK:SZKMY) 1.3%, Jaguar Land Rover (NYSE:TTM) 1.3%.
    | Mon, Jan. 18, 10:29 AM | 5 Comments
  • Tue, Jan. 12, 4:41 AM
    | Tue, Jan. 12, 4:41 AM | 34 Comments
  • Tue, Jan. 5, 4:46 AM
    • Early news from the Consumer Electronic Show: Nvidia (NASDAQ:NVDA) has revealed a new lunchbox-size super-computer for self-driving cars, saying Volvo (OTCPK:GELYY) will be the device's first customer.
    • The Drive PX 2 has computing power equivalent to 150 MacBook Pro computers, and can deliver up to 24T "deep learning" operations - allowing the computer to use artificial intelligence to program itself to recognize driving situations - per second.
    • Partnerships between automakers and Silicon Valley on self-driving technologies appear to be taking center stage at the annual tech conference.
    | Tue, Jan. 5, 4:46 AM | 9 Comments
  • Dec. 9, 2015, 4:58 AM
    • China plans to introduce a new round of auto purchase subsidies for rural residents that will cover vehicles with engines smaller than 1.6 liters, Bloomberg reports.
    • The country last introduced the subsidies (although not for passenger cars) in the depths of the global financial crisis to help prop up economic growth.
    • That spending helped propel the nation past the U.S. to become the largest market in the world for new vehicle sales.
    • Chinese automaker shares surged on the news: Geely Automobile (OTCPK:GELYY) +6.2%; Chongqing Changan Automobile +6.1% and BYD (OTCPK:BYDDY) +5.3%.
    • Other related tickers: OTC:CQCAF, OTCPK:GWLLF, OTCPK:GWLLY, KNDI, OTCPK:DNFGY, OTCPK:DNFGF, OTCPK:DDAIF, OTCQX:VLKAY, OTCPK:BAMXY, GM.
    | Dec. 9, 2015, 4:58 AM | 6 Comments
  • Dec. 8, 2015, 9:29 AM
    | Dec. 8, 2015, 9:29 AM | 1 Comment
  • Dec. 6, 2015, 10:16 AM
    | Dec. 6, 2015, 10:16 AM | 11 Comments
  • Dec. 1, 2015, 2:22 PM
    • Volvo (OTCPK:GELYF) unit sales +91% to 6,903.
    • The XC60 model was a top seller during the month.
    • YTD Volvo sales +18% to 60,706 units.
    | Dec. 1, 2015, 2:22 PM
Company Description
Currently, there's no company description for GELYF.
Sector: Financial
Industry: Diversified Investments
Country: China