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Geely Automobile Holdings Ltd (GRU.HA)
| Previous close | 1.0395 |
| Open | 0.9866 |
| Bid | 1.0040 x N/A |
| Ask | 1.0160 x N/A |
| Day's range | 0.9866 - 0.9866 |
| 52-week range | 0.8682 - 1.3164 |
| Volume | |
| Avg. volume | 542 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 28 Jun 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersAramco to buy 10% stake in Renault-Geely thermal engines venture
(Reuters) -Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday, valuing the business at 7.40 billion euros ($7.93 billion). Geely and Renault will own around 45% each of the powertrain venture, called Horse Powertrain, which will supply gasoline engines, hybrid systems and gearboxes for thermal vehicles.
ReutersAramco close to agreeing 10% stake in Renault, Geely thermal engines JV, sources say
PARIS (Reuters) -Saudi Aramco is set to take a 10% stake in a thermal engine joint venture between Renault and China's Geely called Horse Powertrain, said two sources familiar with the matter, beefing up a business supplying legacy automakers as electric-vehicle sales slow. The agreement to take a 10% stake in the Horse Powertrain business, first reported by Bloomberg, is lower than the stake of around 20% which was cited by sources at the beginning of discussions. The transaction would value Horse Powertrain at around 7.4 billion euros ($7.92 billion), said one of the sources.
ZacksAre Auto-Tires-Trucks Stocks Lagging Blue Bird (BLBD) This Year?
Here is how Blue Bird (BLBD) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
