Geely To Buy Volvo From Ford For $ Billion. 30-Mar-2010

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Li Shufu, chairman of Zhejiang Geely Holding Co., attends a news conference in Beijing, China, on March 30, 2010. Geely agreed to buy Volvo Cars from Ford Motor Co. for $ billion in the biggest overseas acquisition by a Chinese automaker. Geely, having won backing from Chinese officials to buy Volvo Car Corp., will now seek to wean bureaucrats from Audi AG sedans to make the deal a success.

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Size: 3117px × 4010px
Location: Beijing China
Photo credit: © Lou Linwei / Alamy / Afripics
License: Licensed
Model Released: No

Keywords: china, geely, li, shufu