Geely Automobile's confirmed bid for Volvo is evidence of China's growing economic clout, but the company will face the tough challenge of ensuring ...
Ford Motor Co., the number-two US automaker, said Wednesday it had tapped Chinese peer Geely as preferred bidder for Volvo Cars, its premium ...
LONDON/GOTHENBURG (Reuters) - Ford Motor Co <F.N> named Zhejiang Geely Holding Group as preferred bidder for its loss-making Swedish unit Volvo in what could lead to the biggest overseas acquisition by China's fast-growing auto sector. Ford and privately owned Geely did not ...
US auto giant Ford said Wednesday that China's largest independent carmaker Geely Automobile is its "preferred bidder" in talks over the sale of Swedish unit Volvo. "Ford's objective in our discussions with Geely is to secure an agreement that is in the ...
Volvo Group, a leading global truck maker, reported a big switch into quarterly loss on Friday, but the outcome was better than expected and the company said prospects were looking up, notably in Asia. The group, the world's second-biggest producer of trucks, ...
Swedish truck maker Volvo posts loss in 3rd quarter on steep fall in sales Swedish truck maker AB Volvo on Friday reported a third-quarter net loss of 2.9 billion kronor ($423 million), due to a steep drop in sales in Europe and ...
The world's second-biggest truck maker Volvo Group on Friday posted a lighter than expected third-quarter net loss and said the market was looking up, particularly in Asia, after several tough months. It reported a net loss of 2.92 billion kronor (285 million ...
HONG KONG (Reuters) - Geely Holding's attempt to buy Ford Motor Co's <F.N> Volvo car unit is in danger of stalling over disagreements about intellectual property rights, a source close to the talks said on Wednesday. Representatives from Ford and Geely, parent ...
Spanish golf legend Severiano Ballesteros, who is recovering from surgery to remove a brain tumour, Wednesday compared his condition to hitting out from among the trees. The 52-year-old was in Madrid for the presentation of the next edition of the Volvo world ...
MADRID, SPAIN - OCTOBER 14: Per Ericsson of Volvo Event Management talks to media as Seve Ballesteros (L) looks on during the press conference of the Volvo World Match Play Championship 2009 presentation at Intercontinental Hotel on October 14, 2009 in Madrid, ...
LONDON/DETROIT (Reuters) - A U.S.-led group that includes former Ford Motor Co <F.N> director Michael Dingman is in talks to acquire the automaker's money-losing Volvo brand, a source familiar with the matter said on Monday. The group, called the Crown consortium, has ...
LONDON (Reuters) A U.S.-led consortium has entered the race to buy Volvo from Ford <F.N>, the Financial Times reported, in a challenge to China's Geely Automotive <0175.HK>, which confirmed its interest in the money-losing Swedish carmaker last month. Citing people close to ...
