Geely an important step for the Chinese carmaker in their quest to make inroads into the lucrative ASEAN region. In July 2017 the company purchased Terrafugia, an American maker of flying cars. In November 2017, Geely announced completion of the Terrafugia acquisition, including approval from all relevant regulators. In December 2017, Geely invested € 3.25 billion into Swedish truck and construction company Volvo Group, a former parent company of Volvo Cars. The deal has made the company the biggest shareholder with 8.2 % of stake and 15.6 % of voting rights. Furthering its expansion and reach, Geely purchased a 9.7% stake
Geely HQ 2005 along with the Geely MR, Geely CK, Geely CD and the Maple Marindo. Production ended in 2006. Geely HQ The Geely HQ ("Haoqing" (豪情)) is a station wagon from Chinese manufacturer, Geely Automobile. It was the first Geely product, introduced in February 1998. Originally a 993 cc Daihatsu three cylinder or a 1,342 cc Toyota inline four were offered, with or respectively. A 5 door hatchback is also available known as the "Liangjing." The HQ is based on the G100 Daihatsu Charade platform, which Geely licensed from FAW Tianjin. Its basic underpinnings are shared with the Merrie/Uliou and Rural/Urban