Cars
Trouble's a-brewin' in the Ford/Geely Volvo sale, or so Zhejiang Geely Holding Group Chairman Li Shufu implies. The good news is it doesn't sound too serious.
- Two Shall Enter, One Shall Leave: Geely And Volvo Disagree On Volvo's Future
Li Shufu, president of current Volvo owner, China's Zhejiang Geely Holding Group Co., appears to be having some issues with Volvo executives regarding the brand's future plans. According to Auto News Europe, there are two major issues: 1) the...
- China's Geely Completes Takeover Of Volvo From Ford
Chinese carmaker Zhejiang Geely Holding Group Co. (simply known as Geely) completed the purchase of Volvo Cars from Ford Motor Co. on Monday. According to Ford, Geely paid $1.3 billion in cash today and issued a $200 million note for the acquisition...
- Ford Seals Deal With China's Geely, Sells Volvo For $1.8 Billion
For better or for worse, Ford Motor Company has finalized a deal to sell Volvo Cars and related assists (primarily intellectual property) to Chinese automaker Zhejiang Geely Holding Group Company Limited for US$1.8 billion (€1.35 billion at today's...
- Volvo Preparing "naughty" S60 For Geneva Show
Once a maker of some of the most boring to drive and mundane-looking bricks on wheels cars in the industry, Volvo has managed to turn up some pretty interesting proposals over the past few years - no thanks to FoMoCo's involvement. Their latest and...
- Ford Confirms Deal With China's Geely On Volvo Sale
While General Motors is still trying to figure out what it's going to do with its Saab division, Ford Motor Company announced today that it has settled all substantive commercial terms with China's Geely Holding Group Company Limited on the prospected...
Cars
Ford and Geely Hit "Snag" in Volvo Deal
Trouble's a-brewin' in the Ford/Geely Volvo sale, or so Zhejiang Geely Holding Group Chairman Li Shufu implies. The good news is it doesn't sound too serious.
Automotive News states that there may have been a "snag due to problems at Ford Motor Co."; regardless, Chairman Li says, "We're ready to seal the deal...If the deal fails, the problem is not on our side. We have not violated any part of the agreement."
- Two Shall Enter, One Shall Leave: Geely And Volvo Disagree On Volvo's Future
Li Shufu, president of current Volvo owner, China's Zhejiang Geely Holding Group Co., appears to be having some issues with Volvo executives regarding the brand's future plans. According to Auto News Europe, there are two major issues: 1) the...
- China's Geely Completes Takeover Of Volvo From Ford
Chinese carmaker Zhejiang Geely Holding Group Co. (simply known as Geely) completed the purchase of Volvo Cars from Ford Motor Co. on Monday. According to Ford, Geely paid $1.3 billion in cash today and issued a $200 million note for the acquisition...
- Ford Seals Deal With China's Geely, Sells Volvo For $1.8 Billion
For better or for worse, Ford Motor Company has finalized a deal to sell Volvo Cars and related assists (primarily intellectual property) to Chinese automaker Zhejiang Geely Holding Group Company Limited for US$1.8 billion (€1.35 billion at today's...
- Volvo Preparing "naughty" S60 For Geneva Show
Once a maker of some of the most boring to drive and mundane-looking bricks on wheels cars in the industry, Volvo has managed to turn up some pretty interesting proposals over the past few years - no thanks to FoMoCo's involvement. Their latest and...
- Ford Confirms Deal With China's Geely On Volvo Sale
While General Motors is still trying to figure out what it's going to do with its Saab division, Ford Motor Company announced today that it has settled all substantive commercial terms with China's Geely Holding Group Company Limited on the prospected...