Geely likely to get Volvo control soon
China Daily | Updated: 2009-12-17 08:02
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A salesman polishes a new XC90 sport utility vehicle at a Volvo dealership in Colonie, New York. Industry sources are hopeful of a deal between the Chinese car maker and the Swedish brand early next year. Bloomberg News |
Zhejiang Geely Holding Group aims to conclude the acquisition of Ford Motor's Volvo Car Corp in early 2010 and has hired consultants for restructuring and integration, Reuters reported yesterday, citing sources with direct knowledge of the deal.
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