volvo sale chinese


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: Chinese government approves of Chery's bid to purchase Volvo Frank Filipponio

If, like us, you've been following the Volvo saga pretty closely, you'll remember that several Chinese companies are considered to be among the top bidders for the Swedish automaker when Ford ...

REPORT: Geely denies plans to buy Volvo Jeremy Korzeniewski

Of the many suitors who have reportedly had at least a passing interest in acquiring the Volvo brand from Ford Motor Company, the Volvo Group, BMW and Daimler have all publicly decided to pass on the ...

Geely reportedly interested in Volvo Cars Jeremy Korzeniewski

We already know that Ford has placed Volvo on the auction block and is actively shopping its Swedish brand to at least one Chinese automaker. New rumors indicate that there may be more players in ...

Volvo still wants to compete with the Germans, despite rumors of sale Dan Roth

Ford says Volvo's not for sale, and the Blue Oval would be smart to hold on to its remaining vestige of the Premier Auto Group as long as it can, especially since engineering and platforms have ...






Autoblog Podcast #155: 'Twas the night before LA...

Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.

 
 

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