Teleconference: Birth of a Titan? Thoughts on Geely’s Volvo Acquisition (9:00 AM EDT/14:00 BST)

Time & Location

Originally Presented: April 8, 2010 9:00 AM, Teleconference

Presenter(s):

GLG Expert Contributor

Agenda:

    Note: The time listed above is Eastern Daylight Time; for European clients, this Teleconference will occur at 14:00 BST. Last week Geely Automobile Holdings finalized its purchase of Swedish auto giant Volvo from Ford. The $1.8B deal marks the first time a China-based auto manufacturer has purchased the full operations of a foreign competitor. The deal gives Geely a well known and respected brand as well as a crucial foothold in the lucrative US and European auto markets. Does the acquisition represent a game changer in the Chinese auto market? How will this deal change the perception of auto brand acquisitions by foreign companies? Is Geely/Volvo the birth of a new global automotive juggernaut?
  • Where Geely stands today in the industry, what the Volvo purchase means to them, and what Geely might plan to do with Volvo
  • Overview of China's auto industry and outlook for 2010
  • Significance of the acquisition for the broader automotive industry

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