Ford has almost completed the sale of Volvo to China's Zhejiang Geely Holding Co. for US$1.8 billion. The sale is expected to be finalised next week.
It's not a matter of how much money Ford will profit from selling the Swedish company, it's a
The once Ford owned Swedish manufacturer Volvo will soon be under the rule of the Chinese. Geely Automobile Holdings is expected to take over the struggling European company and reports today suggest it may be the right move for Volvo in the long run
Swedish vehicle manufacturer Volvo was suppose to have been sold to China's Geely Automobile Holdings last month, but the Chinese company is still to sign an agreement with Ford Motor Co.
Despite previously suggesting the deal would be complet