Search Results

• Volvo union meets Geely, no detail on financing   [Nov 21, 2009]

  Union leaders at Ford Motor's Volvo car unit held their first talks with China's Zhejiang Geely Holding Group on Thursday but are still waiting to see Geely's financing plans for the Swedish ...

• Geely won't name backer in bid to buy Ford's Volvo   [Nov 20, 2009]

  China's Zhejiang Geely Holding Group wouldn't say where it's getting financial backing for a bid to buy Volvo Cars from Ford Motor Co., unions said Thursday. Geely Chairman Li Shufu, the billionaire ...

• Volvo unions to quiz Geely on financing for purchase   [Nov 19, 2009]

  Labor leaders at Volvo Cars will today press China's Zhejiang Geely Holding Group to disclose where it's getting the financial backing for a bid to buy the Swedish carmaker from Ford Motor Co. The ...

• Volvo to sell stake in Chinese truck joint venture   [Nov 18, 2009]

  Volvo, the world's second-biggest truck maker, said on Monday it was pulling out of a stalled venture with the China National Heavy Duty Truck group, selling its stake in Jinan Huawo Truck ...

• Volvo Cars set to win loan from KBC to build new S60   [Nov 18, 2009]

  Volvo Cars reached a preliminary agreement to borrow 198 million euros ($295 million) from KBC Bank NV, money that the Ford Motor Co. unit plans to use to make future models including the new S60 at ...

• Geely will get right to use Volvo licensed technology   [Nov 17, 2009]

  Shanghai, November 17 (Gasgoo.com) Ford Motor's Volvo car division will retain the rights for its licensed technologies, and its Chinese bidder Geely will get the right to use them, Reuters reported ...

• Geely to launch up to three new luxury Volvo models   [Nov 15, 2009]

  Within only four years of having taken over Volvo from Ford, Geely plans to launch up to three new luxury models, according to company sources. The Zhejiang Geely Holding Group, which is Ford's ...

• Geely to double Volvo sales to 1 mln vehicles a year   [Nov 13, 2009]

  Shanghai, November 13 (Gasgoo.com) Zhejiang Geely Holding Group, vying to buy Ford Motor's Volvo division, plans to more than double Volvo's sales to near 1 million vehicles a year by 2013, media ...

• Geely plans fancier models in China with Volvo deal   [Nov 12, 2009]

  China's Zhejiang Geely Holding Group Co., chosen last month as lead bidder for Ford Motor Co.'s Volvo unit, has developed a turnaround plan in which the money-losing Swedish auto maker would sell ...

• Geely's Volvo plans include expansion beyond China   [Nov 11, 2009]

  China's Zhejiang Geely Holding Group Co., chosen last month as lead bidder for Ford Motor Co.'s Volvo unit, has developed a turnaround plan in which the money-losing Swedish auto maker would sell ...

• Volvo Cars gains market share after 'the darkness'   [Nov 07, 2009]

  Volvo Cars, the Swedish automaker that Geely Holding Group Co. wants to buy from Ford Motor Co., is gaining market share as the industry shows signs of recovering from the global recession. "We stood ...

• Geely, ready to be married?   [Nov 05, 2009]

  Ford Motor Company announced Oct.29 that a consortium led by Zhejiang Geely Group Holding Co. Ltd. is its preferred bidder in the ongoing discussions concerning the possible sale of Volvo Car ...

• Geely confident of successful bid for Ford's Volvo   [Nov 02, 2009]

  Shanghai, November 2 (Gasgoo.com) Geely's chairman Li Shufu said on Friday that his company is confident its bid for Ford Motor's Volvo unit will be successful, as it seeks to lead Chinese automakers ...

• New Geely has ample reasons to acquire Volvo   [Oct 30, 2009]

  Shanghai, October 30 (Gasgoo.com) A month ago, Geely insiders told some reporters that it was going to acquire Volvo. At that time the media overwhelmingly believed that Geely's acquisition of Volvo ...

• China's Geely says 'fully prepared' for Volvo buy   [Oct 30, 2009]

  China's Geely Automobile, one of the country's largest private carmakers, said Thursday it was "fully prepared" to make good on a bid to buy premium Swedish brand Volvo from US auto giant Ford Motor ...

• Volvo may lose supplier contracts if Geely bid succeeds   [Oct 29, 2009]

  Volvo Cars, Sweden's third-largest private employer, may lose contracts with some suppliers unless Zhejiang Geely Holding Group Co., the favored bidder, promises to protect their patents and not ...

• Geely Auto: not involved in parent's bid for Volvo   [Oct 29, 2009]

  Chinese auto maker Geely Automobile Holdings Ltd. said Wednesday that it isn't involved in its parent's bid for Ford Motor Co.'s Volvo unit and it isn't providing financing to its parent for the ...

• Geely named as preferred bidder for Volvo   [Oct 29, 2009]

  Ford Motor Company announced Wednesday that a consortium led by Zhejiang Geely Group Holding Co. Ltd. is its preferred bidder in the ongoing discussions concerning the possible sale of Volvo Car ...

• Volvo-Geely Fallout: It's The Money, Stupid   [Oct 22, 2009]

  The deal to sell Volvo to Geely may be falling apart after 10 months of heavy petting. Everybody from Bloomberg to the DetN has lapped up the leak that it’s all about intellectual property that ...

• China's Volvo bid may stall over intellectual property   [Oct 22, 2009]

  Geely Holding's attempt to buy Ford Motor Co's Volvo car unit is in danger of stalling over disagreements about intellectual property rights, a source close to the talks said on ...