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News Ford Says Geely of China Is Preferred Bidder for Volvo

Ford Says Geely of China Is Preferred Bidder for Volvo

Submitted by brooks | 3 weeks ago

VisitCHN - HONG KONG — The Ford Motor Company said Wednesday that the preferred bidder for its Swedish carmaking division, Volvo, was a consortium led by the Zhejiang Geely Holding Group, a conglomerate that includes the 11th-largest Chinese automaker. Zhejiang Geely has been trying for years to become a global competitor.
Any deal faces a long

Tags: CHINA

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Patriot Watch (Independent) - 3 weeks ago

My Global warming story never made the board AGAIN. Thanks liberals for pushing your agenda

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Jaun Wright (Democratic) - 3 weeks ago

What a pity! there goes the Swedish giant, just like when my Jaguar went off to india!

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