Geely Looking To Acquire Daimler AG Stock
Geely is plucking assets left and right. First, it was Volvo. Then it turned its attention to Lynk & Co, the London Taxi Company, and, most recently, Lotus. Now it looks like the Chinese auto conglomerate is looking to dip its hands into one of the world’s most prestigious auto brands. A report from China Central Television revealed that Geely is looking to acquire a small take in Daimler AG, the parent company of a certain German automaker that calls itself Mercedes-Benz.
Brand-new for the 2014 model year, the Geely MK-Cross is an entry-level crossover built on the same platform as the MK sedan and hatchback. Despite sharing underpinnings and most of its styling cues with the said automobile, which has soldiered on essentially unchanged since 2006, the MK-Cross sports a more modern design, a revised interior, and options otherwise not available with the MK. It comes with standard airbags — quite the novelty for Chinese cars — and a leather-wrapped steering wheel.
Its Chinese sticker would make it the cheapest production vehicle in the United States, even if it were to receive a host of additional upgrades to enable it to pass the NHTSA’s demanding safety tests. However, does it have what it takes to make an impact in one of the world’s largest crossover markets with stiff competition from Japanese manufacturers known for their reliability and safety? Keep reading to find out.
Click past the jump to read more about Geely MK-Cross.
Geely introduced the MK in 2006 as a compact sedan slotted above the CK, which arrived a year earlier. Much like the CK, the MK remained largely unchanged since its launch, featuring the same styling cues inside and out for the 2014 model year. Sold in various Asian and Eastern European markets, as well as in Australia and New Zealand, the compact sedan is motivated by a 1.5-liter, four-cylinder powerplant shared with a host of other Geely products.
As Geely is considering bringing its cars and crossovers to the United States in the near future, we decided to have a closer look at the company’s current lineup. This time around is the MK’s turn to join these TopSpeed pages in a review that analyzes the potential of such a vehicle for the North American market. Read on to find out what the Geely MK is all about and whether or not it has what it takes to compete in one of America’s most crowded markets.
Click past the jump to read more about the Geely MK.
The Geely GC2 is a hi-speced hatchback based on the LC, a compact five-door the Chinese automaker introduced in 2009. Recognizable for its unique exterior design, which the company describes as "bionic" and resembles a panda bear up front, the GC2 has been launched in several markets around the world as of 2014, including South America, Indonesia, New Zealand, and South Africa. Three different engines are available with the GC2, all sourced from the LC, along with a choice of two transmissions, including a manual and an automatic. The GC2 is also famous for becoming China’s first locally developed compact car to be awarded a five-star safety rating. It is also was named the safest Chinese hatchback in 2011.
Although the GC2 has yet to reach U.S. shores, Geely’s plans to brings some of its models to North America makes the little hatch a possible candidate for U.S. showrooms. But is the GC2 good enough to go against similar products from Ford or Honda? And will it have what it takes to pass America’s challenging safety tests? Read on to find out the answers to these questions.
Click past the jump to read more about Geely GC2.
The CK is a subcompact sedan Geely has been manufacturing since 2005. Based on a South Korean design by Daewoo, the CK has remained largely unchanged since its introduction. Although the Chinese company has been exporting it to certain markets in South and Central America, the CK has yet to reach North America. However, the subcompact was the first Chinese automobile ever displayed at an American auto show. Geely showcased the CK at the 2006 Detroit Auto Show — it was only shown to the press and not the general public — claiming it will sell for less than $10,000 when it goes on sale by 2008. Geely dropped its ambitious plans after the sedan failed the IIHS and NHTSA safety tests.
As the Chinese manufacturer is again considering bringing its products to the United States, the CK returns as a potential candidate for the subcompact segment. But is the CK good enough to go against the likes of the Ford Fiesta and the Kia Rio? Will it satisfy the demanding American customer and is it safe enough for challenging safety tests in the U.S. 10 years since its inception? Read on to get some answers.
Click past the jump to find out more about the Geely CK.
Geely’s large lineup is punctuated with cars from several classes and sizes. One of its smaller models is a tiny five-door called the Panda. In 2010 Geely took that same platform, added some height to the suspension to create a small soft-roader called it the GX2. Rather than a full-on crossover, the GX2 is more of a rugged hatch similar in line to what Subaru used to do with the Impreza-based Outback Sport.
For a Chinese car, there is a fairly substantial set of safety equipment including special additions to enhance pedestrian safety. The overall style of the GX2 is more interesting than most, and its quirky face could appeal to a huge audience of younger buyers here in the states if Geely ever decided to move the model over. The driveline choices do leave a bit to be desired, but with an exterior length that is 10 inches shorter than a Nissan Juke, its small size will help make the most of the tiny powerplants.
Click past the jump to read more about Geely GX2.
When the Chinese company Geely was preparing to overhaul its lineup, it decided it needed a new small hatch in the same market as the cute and bubbly Panda. What it created was the GC5. This five-door super-mini started life as the Englon SC5-RV but has now been moved to the new naming scheme. It brings modern European styling from Giugiaro and new technology to the brand. Geely also claims that the GC5 sets new benchmarks in safety for the brand with a five-star C-CNAP score and a four-star Euro-NCAP rating.
With a peppy, 1.5-liter engine inside its small frame, foldable seats for maximum storage and a plethora of LCD screens and airbags, the Geely GC5 has all the right ingredients to be a solid competitor in the city-car class. Still, machines like the Mini Cooper, Fiat 500 and the Nissan Versa all tackle different levels of price and size that could put a substantial damper on sales of this new Geely.
Can the new Chinese car make up ground in the sales race against the entrenched brands that already sell thousands of cars a month? Would the GC5 be a good fit for the U.S. market if Geely decided to start selling cars in North America? We have all the information you need to make a decision after the break.
Click past the jump to read more about the Geely GC5.
The GC7 debuted to the world in 2012 and it is one of the newest cars manufactured by Chinese company Geely. According to Geely, the GC7 is a “high-performance business sedan” targeted squarely at the midsize market that is dominated by names like Accord, Camry, Jetta and more. The car was created to take on not only the Chinese domestic market, but the European market as well. With BYD targeting sales in the United States, Geely will surely follow suit.
The GC7 is the right size, has the right interior trim and technology,, and it features a collection of engine and transmission options that range from fuel efficient 1.5-liter units to larger and more powerful 2.4-liter engines. Transmissions include five and six-speed manuals, as well as a six-speed automatic.
The car has been doing decently in the Euro markets, but how would the GC7 fair on North American soil? We have collected all the relevant information about this mainstream sedan after the break to help come to a decision.
Click past the jump to read more about Geely GC7.
The Emgrand 7 sedan from Geely made its debut in 2009. The car was designed to be the Chinese company’s first powerful move into creating cars for the European market. If you want to make it in the EU, you need more than style and safety ratings though; you need five-doors. European nations are renowned for their love of the hatch so in 2010, one year after the 7 Sedan deputed, Geely introduced the Emgrand 7 RV hatch.
It features the same overall styling cues, same interior equipment and the same four-star Euro-NCAP safety score, but it adds just a dash more cargo space and a rear hatch to create a machine that is better suited to families looking for enhanced space and capability in their vehicles.
With a plethora of hatches now on sale here in the United States like the Focus, Golf, and Mazda 3 among others, does the Geely Emgrand 7 RV have what it takes to sway buyers? Read more about this five-door after the break and let us know what you think.
Continue reading to learn more about the Geely Emgrand 7 RV
The Chinese market loves large cars with massive back seats that make it comfortable to be driven around in. Geely caters to the market well with the Emgrand 8, a full-size car that focuses on comfort and quality. The car is about the same size as the U.S. Market Toyota Avalon and it trades in performance for luxury and space, while still retaining the incredibly low price that Geely is so good at offering.
The car is available with two engine and three transmission choices, and it is priced below any competitor it would have in the category in the U.S. That said, the car is underpowered and unlikely to meet current crash regulations, so entry into North America could prove to be very difficult for the Chinese car.
Should Geely look to modify the Emgrand 8 and bring it Stateside? Can it compete with Toyota, Honda and Volkswagen? Check out all the details and more photos of the car after the break, and be sure to hit those comments and give us your thoughts.
Click past the jump to read more about Geely Emgrand 8.
The Geely Emgrand 7 is one of the most important export cars for the Chinese brand. The car itself has been designed to appeal to European tastes, regulations and safety expectations. As it stands the Emgrand 7 is the only car that was Chinese designed and built to score a four-star rating in the Euro NCAP crash test ratings. The Emgrand 7 debuted in 2009 and has carried on unchanged since that date. There is no refresh in site as we head into the 2014 model year.
A pair of fuel efficient engines and a pair of transmission options ensure that there are plenty of choices to meet the varied demands found across the Chinese and European markets. There is even a five-door variant of the 7 called the RV for buyers who need a bit more space.
Is the Emgrand 7 a good car for Geely to enter the U.S. market with? It has the spaciousness to match many of the current competitors, but a rock bottom price could help score it extra sales. Take a closer look at all the features of the Geely Emgrand 7 below and let us know in the comments if you think this seems like a good candidate for North America.
Click past the jump to read more about Geely Emgrand 7.
Fisker is in some serious trouble, as disagreements between management and its founder resulted in Henrik Fisker to step down from his position. Fiskers only real hope at this point is to find a buyer or a strategic partner to help alleviate its financial issues. For a long time, Geely – Volvo’s owner – would end up being the high bidder, mostly due to their interest in Fisker’s Delaware assembly plant. According to a report from Reuters, Geely has pulled out of the bidding process because of the DOE loan conditions.
This leaves only one bidder in the running for Fisker and that bidder is China-owned Dongfeng Motor Group Co. It is unclear at this time whether Fisker will automatically accept Dongfeng’s offer, but at this point, that look like the only real option. Depending on the terms of a potential deal, this could result in Fisker becoming partially owned by China – creepy…
Regardless of how things pan out, we really want to see Fisker survive all of this. We’ll continue to keep you updated.
You’ll never confuse Geely for being an automaker that evokes first-name basis, but the fact remains that these guys wouldn’t be here if they didn’t know what they were doing. And if we do say so ourselves, these guys from China aren’t ones to take a backseat when it comes to their hometown auto show in Shanghai.
The Chinese automaker has released the first pictures of their new coupe sports car, the Gleagle GS-CC. Aesthetically speaking, we’re very impressed with the design of the car, especially the interior, which comes with what looks to be a sporty and aggressive design to go along with high-quality materials. Even the exterior looks good with the only exception being that drainage-looking grille that seems completely out of place not just in the Gleagle GS-CC, but in the entire auto industry for that matter.
Unfortunately, the good vibes of the car’s overall design don’t take away from the underwhelming powertrain under the car’s hood. We don’t know about the rest of you, but a car that’s as sporty looking as the GS-CC should have a more powerful engine than the 1.3-liter turbocharged four-cylinder it has under its hood. That engine only translates to about 127 horsepower, which is a disappointing number considering that it’s a car that looks more powerful than it actually is.