[edit] Report:Chinese company Geely to buy Volvo brand from Ford Motor Co.

2009-06-22

Geely will invest about $10 billion in Volvo and will produce a new vehicle with a Volvo badge in China. It also indicates the deal will only be made public when (and if, given Geely's track record of inking deals to make cars) the automakers can agree on technology transfers. Source: [1]

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