China: Volvo talks have hit a snag, says Geely chairman

Zhejiang Geely Holding Group's chairman Li Shufu has indicated that talks between Geely and Ford concerning the acquisition of Volvo Cars have hit a snag. Li attributed this to unspecified problems at Ford. According to a report carried by The Wall Street Journal, Li said Geely has done everything it can Subscribe to Automotive World … Continued

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• March 19, 2010