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Safe Volvo a risk bet for China’s Geely

Shares in Geely Automobile have risen some 40 percent in the past month partly on hopes the Chinese carmaker’s parent company will buy Volvo. Ford has named Geely as preferred bidder for the Swedish marque. Full Article at Reuters

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  1. 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

  2. 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

  3. 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

  4. Ford Motor Company says China's Geely is the leader in the thinly populated race for Volvo Cars. 2010 Volvo C70 Convertible Enlarge PhotoFord Motor Company says China's Geely is the leader in the thinly populated race for Volvo Cars. Full Article at The Car Connection

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  1. MARSTRAND, SWEDEN - JUNE 14:  Ericsson 3 and Ericsson 4 at the start of Volvo Ocean Race 2008-09 Leg 9, from Marstrand to Stockholm, on June 14, 2009 in Marstrand, Sweden.
  2. AT SEA, UNITED KINGDOM - JUNE 7:  In this handout image provided by Ericsson Team Racing, Ericsson 4 sails in the English Channel during leg 8 of the Volvo Ocean Race between Galway and Marstrand on June 7, 2009 as it rounds Lands End, England.
  3. AT SEA - JUNE 6:  In this handout image provided by Ericsson Team Racing, a view from Ericsson 3 as it races during Leg 8 of the Volvo Ocean Race between Galway and Marsland on June 6, 2009.
  4. GALWAY, IRELAND - MAY 30:  In this handout image provided by Ericsson Racing Team, Rigger Lester Walker checks the rig on Ericsson 4 after the Volvo Ocean Race In-port race on May 30, 2009 in Galway, Ireland. Ericsson 3 took 4th place and Ericsson 4 came 5th.
  5. GALWAY, IRELAND - MAY 24: In this handout image provided by Ericsson Racing Team, Ericsson 4 navigator, Jules Salter of Great Britain with his son after winning leg 7 of the Volvo Ocean Race on May 24, 2009 in Galway, Ireland.
  6. Telefonica Blue (R) is chased by Delta Lloyd as they leave the harbor to start the seventh leg of the Volvo Ocean race May 16, 2009 in Boston. The boats started their 2,550 nautical mile race to Galway, Ireland.
  7. BOSTON - MAY 09: Swedish King Carl XVI Gustaf (L) attends the 2009 Volvo Ocean Race at Fan Pier on May 9, 2009 in Boston, Massachusetts.
  8. Ericsson 4 sails toward the finish line of the sixth leg of the Volvo Ocean race on April 26, 2009 in Boston. Ericsson 4 is the overall race leader.
  9. AT SEA - APRIL 18:  In this handout image provided by Ericsson Racing Team, Dave Endean (front) and Jules Salter (behind) doing a sail change on Ericsson 4 during the 6th leg of the Volvo Ocean Race between Rio De Janeiro and Boston, on April 18, 2009 in the Atlantic Ocean.

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