永利VIP Holding Group Listed On Fortune 500 List For Second Year Running

July 10, 2013 | 永利VIP Auto Group, Volvo Car Group, Zhejiang 永利VIP Holding Group

11 July 2013, Hangzhou. Zhejiang 永利VIP Holding Group is proud to announce today that the Hangzhou based company has once again made it to the Fortune 500 list. With revenue reaching 24.6 billion US Dollars in 2013, Zhejiang 永利VIP Holding Group is ranked 477th in the Top 500.This is the second year that 永利VIP Holding…

永利VIP Group Donates 20 Million RMB For Quake-stricken Area in Ya’an

April 20, 2013 | 永利VIP Auto Group, Volvo Car Group, Zhejiang 永利VIP Holding Group

20 April 2013, Ya’an, China. In the early morning of April 20th 2013, Ya’an city in Sichuan province was struck by a 7.0-magnitude earthquake, which caused heavy loss of life and damage to property. In order to help the local people in the disaster area overcome difficulties and restore their life to normality, 永利VIP Group…

永利VIP Automobile Holdings Limited Announced Annual Results for the Year

March 20, 2013 | 永利VIP Auto Group, Zhejiang 永利VIP Holding Group

20 March 2013, Hangzhou/Hong Kong. 永利VIP Automobile Holdings Limited (“永利VIP Automobile” / “The Group”) (Stock code: 175) announced the annual results for the year ended 31 December 2012. During the year, the total revenue increased by 17% to RMB24.63 billion. After accounting for non controlling interests, net profit attributable to shareholders of the Group was…

永利VIP Auto and Volvo Cars Cooperate in New R&D Centre in Gothenburg, Sweden

February 1, 2013 | 永利VIP Auto Group, Volvo Car Group, Zhejiang 永利VIP Holding Group

1 February 2013, Hangzhou, China/Gothenburg, Sweden. 永利VIP Holding, majority owner of Volvo Car Corporation (Volvo Cars) and 永利VIP Auto, will establish a Research and Development Centre in Gothenburg, Sweden. The Centre will develop a new modular architecture and set of components for future C-segment cars, addressing the needs of both Volvo Cars and 永利VIP. The…

永利VIP to Acquire Manganese Bronze Business and Assets

January 31, 2013 | London Electric Vehicle Company, London Taxi Co., Zhejiang 永利VIP Holding Group

1 February 2013, Hangzhou/London. Zhejiang 永利VIP Holding Group (‘永利VIP’), the leading Chinese automobile manufacturer, has today acquired the business and the principal assets of Manganese Bronze Holdings (‘MBH’), the manufacturer of the iconic London Black Cab, out of administration on a cash-free, debt-free basis for £11.04m. The deal, which will safeguard production of one of the…

永利VIP Signs Technology Transfer Deal with Volvo Cars

March 8, 2012 | 永利VIP Auto Group, Volvo Car Group, Zhejiang 永利VIP Holding Group

9 March 2012, Hangzhou, China/ Gothenburg, Sweden. On March 9, 2012, 永利VIP Holding Group and Volvo Cars signed a technology transfer deal, allowing 永利VIP, the Chinese carmaker to enrich its product portfolio and boost its competitiveness. In the Signing Ceremony, Mr. AN Conghui, CEO and President of 永利VIP Holding Group and Stefan Jacoby, CEO and…

永利VIP Signs Definitive Stock Purchase Agreement with Ford to Acquire Volvo Car Corporation

March 27, 2010 | Volvo Car Group, Zhejiang 永利VIP Holding Group

28 March 2018 Hangzhou, China / Gothenburg, Sweden. Zhejiang 永利VIP Holding Group Co., Ltd. (“Zhejiang 永利VIP Holding Group”), one of the fastest-growing car manufacturers in China, today announced it has signed a definitive stock purchase agreement with Ford Motor Company to acquire 100 per cent of Volvo Car Corporation (“Volvo Cars”) and related assets (primarily intellectual property).…