Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 69 , 08 January 2024
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Access | Article
Analyzing Geely's Acquisition of Volvo in Terms of Motivation, Risk and Competitive Markets
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Abstract
In recent years, the global automobile industry continues to develop, and mergers and acquisitions between enterprises have become an important strategic means of the industry. Geely's acquisition of Volvo has become one of the focal points of the global auto industry. This paper examines the Geely acquisition of Volvo, analyzing its motivation of acquisition and strategic goal, financing, potential risk, competition, and achievement. The study found that Geely's acquisition of Volvo enhanced Geely's position in the global market, strengthened the competitiveness of Chinese automakers, and accelerated the development of its own brands. At the same time, Volvo also gained a broader market and resources from Geely's acquisition, which helped to enhance brand value and market share. The research offers empirical insights for the automotive industry, guiding decision-making and providing policy recommendations. Investors should monitor industry dynamics, while leaders should evaluate strategies and enhance cross-cultural management capabilities. Governments can support domestic firms' global competitiveness and promote industry sustainability. In summary, this paper contributes to the understanding of the Geely-Volvo acquisition and offers guidance for stakeholders.
Keywords
Geely, Volvo, Motivation, Risks, Achivement
References
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4. Xinyu X. (2015). Performance Analysis of Acquisition Based on Acquisition Motives: A Case Study of Geely's Acquisition of Volvo in the Modern Market (29),115-116.
5. Huike Z. (2022). Analysis of the Synergies of Geely's Acquisition of Volvo (Master's Thesis, Jilin University). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFD202301&filename=1022531685.nh
6. Chinese Government (2015). Five Key Words for the Development of China's Automobile Industry during the 11th Five-Year Plan Period. https://www.gov.cn/ztzl/2005-10/25/content_83302.htm
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-269-5
- ISBN (Online)
- 978-1-83558-270-1
- Published Date
- 08 January 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/69/20230439
- Copyright
- 08 January 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited