China's Geely In Lead Bid to Buy Fisker

It's being reported that China's Zhejiang Geely Holding Group, the same company that owns Volvo is in the lead to acquire a majority stake in Fisker Automotive.

Posted on February 18, 2013

Ford Completes the Sale of Volvo to Geely for $1.8b

Ford has officially sold Volvo to Zhejiang Geely Holding Group Company Limited (Geely) for $1.8 billion. "Volvo is an excellent brand with a strong product line, and it has returned to profits after a successful restructuring. We are confident...

Posted on August 2, 2010

Geely to Protect Volvo's Luxury Image

The deal between Ford and China's Geely is almost complete. Geely is set to close the $2 billion deal for Volvo this month and Geely plans on running Volvo as a separate entity to protect its luxury image. "We...

Posted on February 2, 2010

Geely Could Buy Volvo for as Much as $1.8 Billion

It looks like GM has finally come to an agreement with Spyker to purchase Saab, but don't forget about Volvo. Ford is still currently finalizing a deal wtih China's Geely to buy Volvo. According to the latest rumors the...

Posted on January 26, 2010

Ford Anticipates the Sale of Volvo to Geely to be Completed Soon

Ford has announced this morning that all terms with relating to the sale of Volvo Cars to Zhejiang Geely Holding Group Company Limited have been settled. There is still more work to be done to complete the sale though....

Posted on December 23, 2009