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zhejiang geely

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    Report: Volvo to hire 200 in Sweden in expectation of higher demand     1293719340

    2011 Volvo S60 T6 AWD – Click above for high-res image gallery
    When the dust settles on 2010, Volvo anticipates global sales of about 380,000 units. That's probably less than Volvo executives (and the new owners at Zhejiang Geely) were hoping for, but a global slump in auto sales is at ...

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    Report: Geely may need to come up with $1.4B to fix damaged Volvo after purchase     1268407680

    It's going to cost up to $2 billion for Zhejiang Geely Holding Group Co. to take ownership of Volvo, but according to a new report out of BusinessWeek, that lofty figure is just the cost of entry. Volvo union members and the board have apparently told the Chinese automaker that it will need at ...

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