Chery's interest in Ford's Volvo brand blessed by Chinese Government Blog Post at Automotive.com
»Locate a Dealer»Find a Used Car»Get Financing
Blogs Home | Register | Login   

Chery's interest in Ford's Volvo brand blessed by Chinese Government

Posted March 12 2009 05:14 AM by staff 
Filed under: Miscellaneous, Volvo

Just when Chinese automaker Geely Automobile Holding Ltd. finally showed signs that it just might be interested in buying Volvo from Ford, there is a report that the Chinese government has given permission to Chery to make its own bid for the Swedish based company.



Also, there are reports that two other Chinese companies -- Dongfeng and Changan -- are also interested. Both companies currently deny the news.

It is being said that Ford wants $6.45 billion in order to make a deal.

via Cars Singapore

COMMUNITY COMMENTS
aartig1   (March 19 2009 01:04 AM)

The Volvo Group is a Swedish supplier of commercial vehicles such as truck, buses and construction equipments. The Volvo brand, which has been built up over decades, is one of the world's best known and respected brand names. <a href='http://www.localcarsnow.com/' >Cars For Sale </a>
 
Add a Comment: (Must Be Registered)
User Name
Not Registered?    Signup Here
Password
 
Comment

Buyers Guide

Get a free and easy new car
price quote in minutes