For example, Geely announced the acquisition of 7.6% of the British brand Aston Martin.

“We are pleased to announce our investment in Aston Martin and believe that with a proven track record and technology offerings, Geely Holding can contribute to Aston Martin’s future success,” said Daniel Donghui Li, CEO of Geely Holdings Group, in a statement. a statement. .

Remember that Geely already owns the once Swedish car brand Volvo. The Chinese also own 10% of Mercedes-Benz, half of Smart, 34% of Renault’s Korean division, as well as the Lotus and Proton brands. Until recently, only the British “premium” niche was left uncovered in the Geely collection.

Now this gap has been closed. Aston Martin is not the first native British car brand to fall under Asian control. Nearly 15 years ago, the Jaguar and Land Rover brands with guts were bought by the Indian car company Tata Motors.

For example, Geely announced the acquisition of 7.6% of the British brand Aston Martin.

“We are pleased to announce our investment in Aston Martin and believe that with a proven track record and technology offerings, Geely Holding can contribute to Aston Martin’s future success,” said Daniel Donghui Li, CEO of Geely Holdings Group, in a statement. a statement. .

Remember that Geely already owns the once Swedish car brand Volvo. The Chinese also own 10% of Mercedes-Benz, half of Smart, 34% of Renault’s Korean division, as well as the Lotus and Proton brands. Until recently, only the British “premium” niche was left uncovered in the Geely collection.

Now this gap has been closed. Aston Martin is not the first native British car brand to fall under Asian control. Nearly 15 years ago, the Jaguar and Land Rover brands with guts were bought by the Indian car company Tata Motors.