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Geely Auto to curb excess capacity amid overhaul to boost carmaker’s global edge
Company chairman eyes plant mergers and a formal succession road map as the firm rejects price wars to focus on international growth in rivalry with BYD.
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scmp.com
Geely Auto to curb excess capacity amid overhaul to boost carmaker’s global edge
Company chairman eyes plant mergers and a formal succession road map as the firm rejects price wars to focus on international growth in rivalry with BYD.
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thenextweb.com
Geely will purge excess factory capacity and focus on becoming a global competitor to BYD
Geely chairman Li Shufu said the company will close, merge, or sell redundant plants as it pivots from domestic price wars to international expansion.
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Motorsport new arena for Chinese carmakers as Geely and BYD rev up global push
Geely sets sights on China hosting the Superbike World Championship after BYD reveals it is exploring options to enter Formula 1.