Geely Auto Quarterly Earnings Rise 28% Amid Overhaul
Geely Auto reported a 28% jump in quarterly earnings. The commentary says the market continues to treat the Chinese automaker poorly despite changes to electrification, succession and restructuring.
By Katrina HamlinFounder Li Shufu has kickstarted electrification, succession and a restructuring. His $20 bln Chinese carmaker just reported a 28% jump in quarterly earnings. But the market keeps treating it like a clunker. That will be hard to change while the auto industry is in a funk.Full view…