Geely is a Chinese carmaker which sells cars under the brands Emgrand, Englon, Geely, Gleagle and Volvo, which it acquired from Ford Motor in 2010 for US$1.8 billion. A Geely unit is listed on the Stock Exchange of Hong Kong.

Chinese automaker Geely has agreed to buy a 49.9 per cent stake in Malaysian manufacturer Proton, in a deal aimed at reviving the loss-making company

Why Malaysia’s Mahathir is ‘sad’

Former Malaysian prime minister Mahathir Mohamad said Thursday that he “cried” over the sale of one-time national car company Proton Holdings Berhad to Chinese automaker Zhejiang Geely Holdings Group Co.