Just days after Geely purchased Volvo from Ford, the Chinese automaker's chairman, Li Shufu, proclaimed that the Swedish automaker needed a 7 Series fighter. Shufu's idea makes a lot of sense, at least in the large car-loving China market, where Volvo leadership wants to push a lot more metal. But whe
2011 Volvo S60 – Click above for high-res image gallery
Where have all the mavericks gone?
Geely denies interest in Volvo and Saab, but you can still bet on who will buy the 'Born From Jets' brand
According to the Chinese auto newshounds over at Gasgoo, Geely has denied it has any interest in buying Volvo or Saab. The Swedish patients, being shopped by Ford Motor Company and General Motors, respectively, are still up for sale, however.
Li Shufu, the chairman of Geely Automobile, has decided to put on hold his plans to export a Chinese produced vehicle to the United States by 2008 that would start at $10,000. The reason? According to AutoWeek, it sounds like Shufu doesn't think his Chinese domestic cars can hack it in the U.S. on low cost alone. The move apparently prompted the removal of John Harmer, the former COO of Geely USA Inc., from his position, though Shufu has retained him as a consultant. Shufu's new plan is to cont