Chinas Geely to Buy Volvo Cars

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Uploaded by on Jun 23, 2009

Looking good..again?

*According to Chinas Shenzhen News, Geely has inked a deal with Ford to purchase the Volvo brand. Citing unnamed government officials, the Chinese news outlet said an initial agreement is in place, although several details such as transfer of technology were still under negotiation. Under the terms of the deal Geely will reportedly invest up to $10 billion in the Volvo brand, including moving most of the Swedish automakers design and production operations to China. The next-generation XC90 due out sometime around 2011 could be the first Geely-penned Volvo model. However, Shenzhen News report should be taken with a grain of salt. Chinese news outlets arent exactly known for their accuracy and several other Chinese automakers such as Beijing Automotive Industry Holding Corporation (BAIC) have been named as potential Volvo buyers.

ニュースアニメ「中国・吉利汽車、ボルボ買収暫定合意か?」
中国紙の毎日経済新聞は17日付で、中国の地場自動車メーカー、吉利汽車(浙江省)が、米自動車大手フォード・モーター傘下のスウェーデンの高級車ブランド「ボルボ」を買­収することでフォードと暫定合意し、買収後の人員整理や技術移転などについて協議に入っていると伝えた。買収が実現すれば、広東省東莞市に工場をつくり、ボルボのスポーツ­用多目的車(SUV)の生産を始める計画という。吉利汽車は中国の代表的な地場メーカーの一つで、3月にはオーストラリアの変速機メーカーの買収を発表している。 ボルボを巡っては、これまで大手の北京や長安、奇瑞など国内の有名自動車メーカーによる買収話がたびたび持ち上がっている。世界の自動車業界の再編で中国企業が台風の目と­なってきた。

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Top Comments

  • Volvo is European.

  • I hope they buy them up.

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All Comments (35)

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  • @renjida19 Made in Sweden in Europ not freaking China.

  • @77777XYZ an American internet propaganda dog huh?? where is 88888ABC or 999999DEF?

  • @77777XYZ you are everywhere...........

  • ccp has more than 300000 internet propaganda dogs, its famous things (its call 五毛党 or 50cent army, etc), ccp`s more than 300000 guy is working everyday 24hours everywhere internet, they deceive their chinks and world people too, they are making fake comment everywhere internet, even youtube too, those ccp`s propaganda dog is try to operate pablic opinion, i can see so many those dogs in youtube, if you go any chinks video, most of chinks commentator is just one of 300000

  • @bestamerica Heh. They SOLD it to China.

  • '

    the volvo is a purely sweden automaker and NOT need in china,,,

    china copy volvo design,,,

    sweden can file a big SUE to china in court for sure,,,

    sweden can win in case

  • @renjida19 fuck your volvo is swedish

  • @renjida19 Volvo was Swedish. But China bought Volvo. You can also see it from this video.

  • @KingWilliamMB

    As you want...

    I say it was a ford franchise for 10 years, that's a fact.

  • @MrStaxxy Volvo is an euopean !!

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