Volvo owner Geely acquires flying-car developer

The Terrafugia Transition "flying car" on display at the New York auto show in April 2012. (BLOOMBERG)

November 13, 2017 05:00 AM

Zhejiang Geely Holding Group completed the purchase of Terrafugia, a U.S. flying-car developer.

Featured Stories

Trump announces reciprocal tariffs of at least 10% on U.S. trading partners

Trump announces reciprocal tariffs of at least 10% on U.S. trading partners

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report

Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report

Amazon’s used-vehicle interest could threaten listings companies

Amazon’s used-vehicle interest could threaten listings companies

Latest News

Live updates on tariffs: Trump sets reciprocal tariffs of at least 10 percent

Trump announces reciprocal tariffs of at least 10% on U.S. trading partners

Daily 5 report for April 2: Can U.S. tariff response fill excess capacity at existing plants?

Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report

Staying current is easy with newsletters delivered straight to your inbox.

See More in Newsletters

Guest commentary: For Akio Toyoda’s sake, he must listen to Toyota’s dissatisfied shareholders and reform strategy

Top 5 stories of the week: Women in auto; Birchwood’s latest buy; GM improves profit; more

Automotive News Europe awards the 2024 Eurostars

Top 5 stories of the week: Northvolt woes; Alpha’s big buy; all-stars; and more

Staying current is easy with newsletters delivered straight to your inbox.