Posts Tagged ‘Geely’
Volvo Sold
March 29th, 2010 
Kyle Stone Ford has done the deed, the sale of of their Swedish division Volvo has gone through to Geely, the Chinese firm paying $1.8 billion for Volvo. The sale, officially signed off on the 28th of March, includes Volvo intellectual property and assets, and will be concluded in the third quarter of 2010 with Geely taking [...]
Posted in 
Tags: 
A Swede in Beijing
November 16th, 2009 Christo Volvo, for long the bastion of forward-thinking Scandinavian automotive design, is in trouble. Sold to Ford in 1999 for a whopping US$6.4 billion, Ford has been unable to turn a profit and now needs to dump it, much like they dumped Jaguar and Land Rover. But if you found Jag and Land Rover’s sale to [...]
