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Zhejiang Geely Holding Group, the parent of Geely Automobile was named by Ford Motor as a preferred bidder for its loss-making Swedish unit Volvo Car Corp late on Wednesday. Full Article at International Business Times
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Geely Automobile's confirmed bid for Volvo is evidence of China's growing economic clout, but the company will face the tough challenge of ensuring the Swedish brand's reputation for safety, analysts say. Full Article at The Age
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T he parent company of Geely Automobile is confident on a bid for Ford Motor's Volvo car unit, which it is discussing as head of a consortium that includes both domestic and foreign banks, chairman Li Shufu said on Friday. Full Article at Globe and Mail
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AFP - Geely Automobile's confirmed bid for Volvo is evidence of China's growing economic clout, but the company will face the tough challenge of ensuring the Swedish brand's reputation for safety, analysts say. Full Article at France 24
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LONDON/GOTHENBURG: Ford Motor Co named Zhejiang Geely Holding Group as preferred bidder for its loss-making Swedish unit Volvo in what could lead to the biggest overseas acquisition by China's fast-growing auto sector. Full Article at Times of India
