Posts Tagged ‘acquisition of Volvo’

Chinese car manufacturer Geely completes acquisition of Volvo

08.05.2010 · Posted in Leasing News

Geely, the Chinese car manufacturer, has finalised an agreement with Ford Motor Company for the acquisition of their subsidiary Volvo. The £955 million deal was first announced earlier this year after Volvo saw losses of $410m and a 10.6% drop in sales. Despite the change in management, it seems that Geely plans to retain the ...

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