1. QUOTE from:
    Volvo Cars May Lose Supplier Contracts in Sweden If Geely's Bid Succeeds
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    A sale to Geely may be an opportunity for Volvo to increase sales, said Matts Carlsson, managing director of the Goeteborg Management Institute. "Volvo has always been suffering, as has Saab Automobile, of having too small markets ... A deal with Geely would therefore be very positive for Volvo as they get access to the world’s biggest and most expansive market." Full Article at Bloomberg.com
    Volvo has always been suffering, as has Saab Automobile, of having too small markets ... A deal with Geely would therefore be very positive for Volvo as they get access to the world’s biggest and most expansive market.
    SOURCE: Bloomberg.com 4 weeks ago
All quotes from:
Volvo Cars May Lose Supplier Contracts in Sweden If Geely's Bid Succeeds
  1. Just as carmakers choose suppliers, suppliers choose carmakers.
    SOURCE: Bloomberg.com 4 weeks ago
  2. The most important question is how they view production and product development in Sweden in the long-term and while Ford has said that the headquarters will remain in Sweden, that’s what Ford says ... Geely can do what they want.
    SOURCE: Bloomberg.com 4 weeks ago
  3. Volvo hasn’t exactly been hugely profitable in recent years and Geely will need to figure out how to make it a profitable business and to me that means lowering costs
    SOURCE: Bloomberg.com 4 weeks ago
  4. Big, tech-heavy suppliers are definitely concerned about China’s record when it comes to copyrights and Volvo would be in real trouble if it ends up not being a preferred customer among suppliers
    SOURCE: Bloomberg.com 4 weeks ago
  5. Most Chinese car companies are very immature -- they haven’t been around for very long.
    SOURCE: Bloomberg.com 4 weeks ago
  6. One can question if a leader of a country who raises a hand and says that ‘no jobs will be affected here’ has really understood the power of the restructuring forces
    SOURCE: Bloomberg.com 4 weeks ago
  7. We need a competent owner with a long-term view
    SOURCE: Bloomberg.com 4 weeks ago
  8. We shouldn’t be surprised if we ‘in the future’ see Volvos made in China being shipped to the rest of the world -- depending on price, this looks like a win for Geely and ultimately a bit of a loss for jobs in Sweden.
    SOURCE: Bloomberg.com 4 weeks ago
  9. The automotive industry is being recast
    Fredrik Reinfeldt – Fredrik Reinfeldt SOURCE: Bloomberg.com 4 weeks ago

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