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Geely may sign initial Volvo deal in early Feb

Geely may sign a preliminary agreement on February 8 to buy Ford's Volvo unit, the Economic Observer reported today, adding that the Volvo deal would cost Geely around $1.6 billion.

Jan. 26 , 2010
Skoda '09 China sales double to 123,000 carsJan. 26 , 2010
Chery Auto plans to overtake BYD in 2010 salesJan. 26 , 2010
Chery Auto eyes annual capacity of 1-mln vehicles
Peugeot targets 8 pct China market share by 2016
Mazda forecasts 22% growth in its 2010 China sales
Shanghai auto license plate price hits 2-year highJan. 25 , 2010
SAIC to make MG-series sedans in UK, sell in EUJan. 25 , 2010
Japanese carmakers aim to achieve higher in ChinaJan. 25 , 2010
Luxury Aston Martin opens flagship store in Beijing
Peugeot Citroen recalls 263 cars in China on radio fault
Seminar on auto interior/exterior trim held in Shanghai
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