by , 11th Jan 20 8:36 pm

Debt-ridden Aston Martin’s self-inflicted profits warning wound (partly a result of executives rewarding themselves millions in bonuses then blaming it all on “economic uncertainties”) may well have a hero on the horizon with a rescue plan. Geely. The Chinese automotive giant is considering tabling an offer for the distressed 107-year-old maker of luxury supercars. Reports […]

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by , 18th Jan 19 7:16 pm

The new owners of Lotus are planning to build a new production facility in China. Geely Holding Group has ambitions of increasing Lotus production volume. Therefore by proxy, Geely intends to introduce new Lotus models. The new models will almost certainly be SUVs and electric cars. The Lotus China production facility could essentially compliment Lotus’ current […]

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by , 17th Apr 17 4:40 pm

China is a communist country that has adopted capitalism but has never relinquished its autocratic one party ruling doctrine. That’s how China roles these days. Back in the early days of communism proper China, at times, could barley feed its own population the ”peoples party” had to rely on Russia for financial aid. These days China is a rapidly […]

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