Thursday, July 30th, 2009

Rumor: Geely Submitting $293 Million Bid For Volvo

According to a (very brief) article in China Car Times, Chinese automaker Geely is finally prepared to submit a bid to Ford Motor Company for Volvo. Geely’s alleged offer: $293 million. A couple of weeks ago, sources were circulating a similar rumor, but with a figure of $2 billion attached. And back in June, our own Marty Padgett noted that ..


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