Geely Receives $2.1Bn Financing for Volvo Acquisition
10 Mar 2010, 11:16 UTC · By: Andrei Tutu / Earlier this week, we reported that Geely assured everyone that the Volvo acquisition is going according to plan, although an official agreement had not been signed yet. Now, the Chinese company ann...
Volvo Acquisition Proceeding According to Plan
8 Mar 2010, 07:45 UTC · By: Andrei Tutu / Zhejiang Geely Holdings, the initiator of the Geely-Volvo acquisition, said that the long awaited agreement has not been signed yet but the takeover will proceed according to the company’s pla...
Volvo Expects Sales Increase After Switching to Geely
6 Mar 2010, 10:51 UTC · By: Andrei Tutu / Volvo expects to see a sales growth on the Chinese market after the company will be acquired by Geely, as Dow Jones reports. Currently, Volvo’s Swedish Torslanda plant is working at a reduc...