Will the Chinese be able to close a deal with Volvo? The view from the peanut gallery of politicians, analysts and auto industry bloggers is that Geely Holding Group’s $2 billion bid for Volvo has to navigate many potholes ...full story at China Journal
from China Journal on Fri, Oct 30 2009
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Will China’s Government Be Another Hurdle For Geely’s Volvo Bid? » China Journal One of Geely’s biggest fears, says a person close to the company, is a last-minute request by the central government to let some state-owned auto maker in on the deal, perhaps as a member of Geely’s bidding consortium for Volvo. |
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Geely's bid for Volvo to benefit both: executives » People's Daily China's Zhejiang Geely Holding Group purchased Ford Motor Company's Volvo car unit on March 28 in a deal worth 1.8 billion U.S. dollars. China's Minister of Industry and Information Technology Li Yizhong attended the signing ceremony held in a Volvo... |
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Geely buys Volvo » Danwei From The China Daily: Zhejiang Geely Holding Group, China's No 10 automaker, sealed a binding deal on Sunday to buy ailing Swedish luxury car brand Volvo from US giant Ford for $1.8 billion. "Today represents a milestone in the history of Geely,"... |
| 01 Nov 09 |
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From junky motorbikes to Volvo » Danwei China auto industry veteran Jack Perkowski looks at the rise of privately-owned Geely from a producer of low-end motorbikes to its position today, where it's set to acquire Volvo. If Geely can bootstrap its way to the top of the auto industry, one of... |
| 03 Nov 09 |
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Is Geely Capable of Managing Volvo? » China Journal The world isn’t kind to Zhejiang Geely Holding Group Co. Ltd. when it comes to assessing the Hangzhou-based auto upstart’s ability to acquire and manage Ford Motor Co.’s Volvo unit. |
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