Chinese auto maker Geely Automobile Holdings Ltd said on Sept. 14 that its parent company Geely Holding Group Co. is bidding for Ford Motor's Swedish car brand Volvo.
"Volvo is a good brand, but Ford will sell it in order to shift its main focus on developing the Ford brand," said Mulally.
Sources close to the takeover said the two parties have signed a confidentiality agreement, which forbids disclosure of the negotiation details from either of the parties. Click on the Headline for the complete story
"Volvo is a good brand, but Ford will sell it in order to shift its main focus on developing the Ford brand," said Mulally.
Sources close to the takeover said the two parties have signed a confidentiality agreement, which forbids disclosure of the negotiation details from either of the parties. Click on the Headline for the complete story
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