Tag Archives: Zhejiang Geely Holding Group Co.

Volvo to be built at three Chinese plants?

It's hard to know where your new car comes from these days. Although a certain brand may be European in its origin, it's likely that certain models aren't actually being built in Europe. This is the case with some German cars that come out of either

Volvo sale to Geely hits snag

Zhejiang Geely Holding Group Chairman Li Shufu said that talks with Ford about the purchase of Volvo has hit a snag. The problems are on the Ford side but the sale is still expected to be completed. "We're ready to seal the deal, the situation w

Geely Volvo deal still in progress

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

Ford, Geely deal on Volvo sale expected on February 8

Reports from within China suggest a deal between Ford Motor Co and Zhejiang Geely Holding Group Co over the sale of Volvo could be signed on February 8. The Hangzhou-based Geely is expected to pay between $1.7 billion to $2.2 billion for the embat