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Ford officially confirms China's Geely as preferred bidder for Volvo

It's been rumored for months Chinese automaker Geely had the best shot at picking up the Volvo brand from Ford, and today, Dearborn has finally confirmed it. Geely was named as the preferred bidder this morning and the Blue Oval is proceeding with negotiations. However, this is not going to be an easy deal to close. Ford doesn't want to keep any stake in the Swedish company, although it does hope to continue some product cooperation. In spite of the lack of shareholding, Ford doesn't want Volvo to wither on the vine and wants whoever buys ... Read more →

REPORT: Geely's plans to buy Volvo from Ford unravelling over intellectual property concerns? Chris Shunk

Ford has been trying to offload the Volvo brand since December of 2008, but after years of rumors and speculation those 10 months feel more like a decade. China's Geely has been speculated as the ...

Ford wants $6 billion for Volvo Michael Harley

Ford bought Volvo for $6.4 billion back in 1999. Now, a decade later, unconfirmed reports say the automaker is asking nearly the same amount -- $6 billion -- for the Swedish brand. Ford may sell ...

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Ford officially confirms China's Geely as preferred bidder for Volvo 1 month ago on Autoblog

REPORT: Geely's plans to buy Volvo from Ford unravelling over intellectual property concerns? 1 month ago on Autoblog

Ford has been trying to offload the Volvo brand since December of 2008, but after years of rumors and speculation those 10 months feel more like a decade. China's Geely has been speculated as the number-one bidder for the Blue Oval's Swedish luxury brand, but a report by Bloomberg asserts that ...

Ford wants $6 billion for Volvo 1 year ago on Autoblog

Ford bought Volvo for $6.4 billion back in 1999. Now, a decade later, unconfirmed reports say the automaker is asking nearly the same amount -- $6 billion -- for the Swedish brand. Ford may sell Volvo to demonstrate active steps to cut costs (a critical move as Mulally is in Washington asking ...

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Autoblog Podcast #157: Mike Levine trucks along with us.

Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!

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