Ford and Zhejiang Geely Holding Group have entered into a definitive agreement regarding the acquisition of Ford's Volvo Cars brand by Geely. The Chinese OEM will pay US$1.8bn for Volvo Cars and related assets, primarily intellectual property. "The Volvo management team fully endorses Ford's sale of Volvo Cars to Geely. We Subscribe to Automotive World … Continued
Ford and Zhejiang Geely Holding Group have entered into a definitive agreement regarding the acquisition of Ford's Volvo Cars brand by Geely. The Chinese OEM will pay US$1.8bn for Volvo Cars and related assets, primarily intellectual property.
"The Volvo management team fully endorses Ford's sale of Volvo Cars to Geely. We
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https://www.automotiveworld.com/articles/81429-us-ford-geely-reach-agreement-over-volvo-cars/
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