The Volvo logo on the front grille is shown in Miami, Tuesday, July 21, 2009. Swedish truck maker AB Volvo on Tuesday, reported its third consecutive quarterly loss as sales plunged by one-third amid weak demand in the April-June period. AP Photo logo AP Photo 4 months ago

The Volvo logo on the front grille is shown in Miami, Tuesday, July 21, 2009. Swedish truck maker AB Volvo on Tuesday, reported its third consecutive quarterly loss as sales plunged by one-third amid weak demand in the April-June period.

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  1. Geely chairmn Li Shufu attends a business event in Shanghai October 30, 2009. The parent company of Geely Automobile is confident on a bid for Ford Motor's Volvo car unit, which it is discussing as the head of a consortium that includes both domestic and foreign banks, chairman Li Shufu told Reuters.

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  1. Volvo CEO Leif Johansson listens during a news conference October 23, 2009 in Stockholm. World number two truckmaker Volvo made a smaller third-quarter loss than expected, easing fears it would need more cash from investors, but it still expects sharp declines in its main markets.
  2. Volvo CEO Leif Johansson gestures during a news conference October 23, 2009 in Stockholm. World number two truckmaker Volvo made a smaller third-quarter loss than expected, easing fears it would need more cash from investors, but it still expects sharp declines in its main markets.
  3. Volvo Chief Executive Leif Johansson gestures during a news conference in Stockholm October 23, 2009. World number two truckmaker Volvo made a smaller third-quarter loss than expected, easing fears it would need more cash from investors, but it still expects sharp declines in its main markets.
  4. Volvo Chief Executive Leif Johansson gestures during a news conference in Stockholm October 23, 2009. World number two truckmaker Volvo made a smaller third-quarter loss than expected, easing fears it would need more cash from investors, but it still expects sharp declines in its main markets.
  5. Volvo CEO Leif Johansson gestures during a news conference Friday Oct. 23, 2009 in Stockholm. Swedish truck maker AB Volvo on Friday reported a third-quarter net loss of 2.9 billion kronor ($423 million), due to a steep drop in sales in Europe and the U.S., but said demand was stabilizing, particularly in Asia.
  6. Volvo CEO Leif Johansson gestures during a news conference Friday Oct. 23, 2009 in Stockholm. Swedish truck maker AB Volvo on Friday reported a third-quarter net loss of 2.9 billion kronor ($423 million), due to a steep drop in sales in Europe and the U.S., but said demand was stabilizing, particularly in Asia.
  7. Geely chairmn Li Shufu attends a business event in Shanghai October 30, 2009. The parent company of Geely Automobile is confident on a bid for Ford Motor's Volvo car unit, which it is discussing as the head of a consortium that includes both domestic and foreign banks, chairman Li Shufu told Reuters.
  8. Geely chairmn Li Shufu attends a business event in Shanghai October 30, 2009. The parent company of Geely Automobile is confident on a bid for Ford Motor's Volvo car unit, which it is discussing as the head of a consortium that includes both domestic and foreign banks, chairman Li Shufu told Reuters.
  9. Geely chairmn Li Shufu attends a business event in Shanghai October 30, 2009. The parent company of Geely Automobile is confident on a bid for Ford Motor's Volvo car unit, which it is discussing as the head of a consortium that includes both domestic and foreign banks, chairman Li Shufu told Reuters.
  10. Geely chairmn Li Shufu attends a business event in Shanghai October 30, 2009. The parent company of Geely Automobile is confident on a bid for Ford Motor's Volvo car unit, which it is discussing as the head of a consortium that includes both domestic and foreign banks, chairman Li Shufu told Reuters.
  11. Geely chairmn Li Shufu attends a business event in Shanghai October 30, 2009. The parent company of Geely Automobile is confident on a bid for Ford Motor's Volvo car unit, which it is discussing as the head of a consortium that includes both domestic and foreign banks, chairman Li Shufu told Reuters.
  12. Customers looks at a Chinese Geely car at its outlet in Beijing on October 30, 2009. 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.
  13. A man talks on his mobile phone next to Chinese Geely cars on display at its outlet in Beijing on October 30, 2009. 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.
  14. A dealer (R) places an order for a customer (L) next to a Chinese Geely car at its outlet in Beijing on October 30, 2009. 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.
  15. In "The Twilight Saga: New Moon," Edward Cullen drives a 2010 Volvo XC60 with City Safety. Visit www.WhatDrivesEdward.com to enter to win tickets to the world premiere and a chance to win the car just like Edward drives.
  16. A sales clerk waits for visitors to the Geely display booth during the Auto Parts Expo in Beijing China, Thursday, Sept. 24, 2009. Chinese car maker Geely Automobile said Wednesday it will raise about $334 million in a deal with an affiliate of Goldman Sachs, building up cash for a possible takeover of Ford Motor Co.'s Volvo Cars.

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