Automotive industry in China fastest growing automotive groups in the world, Geely is known for their ownership of Swedish luxury car brand, Volvo. In China, their passenger car brands include Geely Auto, Volvo Cars, and Lynk & Co. Great Wall, the eighth biggest manufacturer in 2017 and the largest manufacturer of SUVs. Great Wall sells vehicles under the brands of Haval and WEY. Brilliance Auto, is a Chinese state-owned automobile manufacturer based in Shenyang. They were the ninth biggest manufacturer in 2017. They have a foreign joint venture with BMW and also sells passenger vehicles under their own brand Brilliance. Chery, a Chinese state-owned
Advantage Rent a Car of about $1,633 per vehicle, which resulted in a total loss of about $8.6 million. On August 26, 2012, Hertz announced that it had agreed to sell the US Advantage business to Franchise Services of North America and Macquarie Capital, as a divestiture to receive regulatory approval of Hertz's acquisition of Dollar Thrifty, announced at the same time, and to convert foreign Advantage-branded locations to a new Firefly Car Rental brand. On December 12, 2012, Advantage Rent A Car was acquired by a subsidiary of Macquarie Capital, which was to be merged with Franchise Services of North America, Inc. (TSXV:FSN)