Geely has developed a turnaround plan under which it hopes to double Volvo's sales to near 1 million vehicles a year, a media report said today.
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Geely has developed a turnaround plan under which it hopes to double Volvo's sales to near 1 million vehicles a year, a media report said.
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Volvo has released the first official images of the new S60 sedan. The Swedish carmaker, which Ford Motor Co. is selling, says the S60 will be and#8220;sportier and more dynamic than any previous Volvo car.and#8221;
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Volvo has released the first official images of the new S60 sedan. The Swedish carmaker, which Ford Motor Co. is selling, says the S60 will be and#8220;sportier and more dynamic than any previous Volvo car.and#8221;
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China's Geely Holding Group, Ford's preferred buyer for its Volvo unit, wants to double Volvo sales to around 1m units a year as part of its turnaround plan for the loss-making division.
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Volvo releases official pictures of the S60, the Cadillac Converj may be headed for production, and Renault brings back the Gordini name . . . But Wait, There's More!
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Volvo has released the first official images of the redesigned S60 sedan.
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Volvo sets sights on BMW with saloon stunner with choice of cutting-edge engines; hybrid on way.
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Volvo has released the first official pictures of the all-new Volvo S60. The new car will be unveiled at the Geneva Motor Show at the beginning of March next year.
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"The all-new Volvo S60 is sculpted to move you. It looks and drives like no other Volvo before and the car's technology will help you to be safer and more confident behind the wheel," says Stephen Odell, President and CEO of Volvo Cars.
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We happened upon this on the way out of SEMA's Center Hall--the world's fastest Volvo, according to Jim Haughey of K-PAX Racing.
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Ford increased its Q3 pre-tax operating profit in Europe while Volvo narrowed its loss for the quarter. Ford said Q3 pre-tax operating profit in Europe was $193 million, compared with a profit of $69 million a year ago.
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Geely ready to take over Swedish firm from Ford.
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LOS ANGELES - Internationally recognized actor Colin Firth will receive the prestigious British Academy of Film & Television Arts/Los Angeles Humanitarian Award Presented by Volvo on Nov. 5 at the annual BAFTA/LA Britannia Awards gala.
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So it looks like Geely is now the front-runner to acquire Volvo from Ford. Analysts have been questioning if the Chinese firm can uphold the brand values and superb safety rep but Geely itself remained confident as the week drew to a close.
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Geely Automobile's parent company is confident its bid for Volvo Car Corporation will be successful.
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Zhejiang Geely Holding, the parent of Geely Automobile, is confident about its bid for Ford Motor Co.'s Volvo car unit, chairman Li Shufu said on Friday. Geely Holding is leading a consortium that includes both domestic and foreign banks.
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Zhejiang Geely Holding, the parent of Geely Automobile, is confident about its bid for Ford Motor Co.'s Volvo car unit, chairman Li Shufu said on Friday. Geely Holding is leading a consortium that includes both domestic and foreign banks.
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Geely Automobile will face the tough challenge of ensuring Volvo's reputation for safety if its bid is successful, analysts have said.
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Geely Automobile, whose shares have soared as a result of its parent's bid for Ford's Volvo unit, could win a valuable brand if the bid succeeds, but it could take years to see profits from Volvo.
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