May 06, 2009

Now Geely Sizes Up Volvo

China's first (and largest) privately held auto company, Zhejiang Geely Holding Group, appears determined to acquire a major western brand and is now reviewing the books of Ford's Volvo unit. Ford says the sale of Volvo is speeding up and last month Geely visited the Swedish automakers plant. As reported hear earlier Geely also spent time looking at Saab....


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