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CtWinner

What’s the background of Geely Automobile, exactly?


First, it took over Volvo.
And now it’s acquired a Ford factory.
In my impression, Geely cars mainly have an advantage in price—affordable enough.
But otherwise, they seem just average. How do they make so much money?
F1.49%
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PoolWatcher
· 3h ago
There must be government backing behind Geely, otherwise where would all that money come from to make so many acquisitions?
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FundingFeeAssassin
· 3h ago
Do you think it’s cheap because the technology is poor? Their supply-chain management is strong, and the profit margins are huge. They’re pushing hard into new energy sectors too now—don’t judge them with old eyes.
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PerpPsychologist
· 3h ago
Don’t underestimate Geely. After acquiring Volvo, it shared technology, significantly improving quality, and its cost control is indeed excellent—profits are substantial.
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CompoundKeeper
· 3h ago
Actually, Geely’s moves are pretty smart: first it acquires Volvo to boost its brand and technology, then it buys factories to expand production capacity. With a low-cost strategy and the scaling effects, profits naturally follow. And government support also matters—don’t just look at the surface-level low prices.
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