Auto News 5

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. Full story…

HONG KONG (Reuters) -- Geely founder Li Shufu, China's "Henry Ford," rewrote the automotive history books this weekend with his agreement to buy Ford Motor Co.'s Volvo car unit. Full story...

Geely founder Li Shufu, China's "Henry Ford," rewrote the automotive history books this weekend with the purchase of Ford Motor Co.'s Volvo car unit. Full story...

Zhejiang Geely Holding Group, China's largest private-run car maker, agreed on Sunday to buy Ford Motor Co.'s Volvo car unit for $1.8 billion, the country's biggest overseas auto purchase. Full story...

Zhejiang Geely Holding Group, China’s largest private-run automaker, agreed on Sunday to buy Ford Motor’s Volvo car unit for $1.8 billion, the country’s biggest overseas auto purchase. Full story…

Zhejiang Geely Holding Group, China's largest private-run carmaker, agreed on Sunday to buy Ford Motor Co.'s Volvo car unit for $1.8 billion, the country's biggest overseas auto purchase. Full story...

China's Zhejiang Geely Holding Group will sign an agreement on Sunday with Ford to buy the U.S. carmaker's Volvo car unit, a Volvo spokesman said. Full story...

China's Zhejiang Geely Holding Group will sign an agreement on Sunday with Ford to buy the U.S. carmaker's Volvo car unit, a Volvo spokesman said. Full story...

Geely founder Li Shufu, China's "Henry Ford," looks set to rewrite the automotive history books this weekend with the purchase of Ford Motor Co.'s Volvo car unit. Full story...

Geely founder Li Shufu, China’s “Henry Ford,” looks set to rewrite the automotive history books this weekend with the purchase of Ford Motor Co.’s Volvo car unit. Full story…

Ford says that new trade-in data show Ford is increasingly winning new customers from competing brands in the US, a key reason the company has gained retail share. Full story...

Ford says it is seeing more customers trading in vehicles from competing brands, citing the move as one of the reasons for its recent US market share gains Full story...

Sources in China suggest that the pending deal for the divestment by Ford of its Volvo Cars unit to Geely could be close to completion. Full story...

It had been the standard-bearer for so long, Ford has become used to its leadership position in the UK. In terms of market share, it is still 30% ahead of the pursuing herd despite a scare from Vauxhall a couple of years ago. Full story...

Ultimate version of Focus RS to be unveiled next Wednesday

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Chinese Vice-President Xi Jinping will travel to Sweden this weekend, amid talk he will attend the signing of a deal for Geely to buy Volvo from Ford for as much as $2 billion, China's biggest ever overseas auto acquisition. Full story...

Chinese Vice President Xi Jinping will travel to Sweden this weekend, amid talk he will attend the signing of a deal for Geely to buy Volvo from Ford for as much as $2 billion, China's biggest ever overseas auto acquisition. Full story...

Chinese Vice-President Xi Jinping will travel to Sweden this weekend, amid talk he will attend the signing of a deal for Geely to buy Volvo from Ford for as much as $2 billion, China's biggest ever overseas auto acquisition. Full story...

Ford Motor Co. will be allowed to contribute $13.2 billion in company securities to its UAW retiree health-care trust fund under an exemption approved today by the U.S. Labor Department. Full story…

The media-savvy spokespersons of Geely and Ford have repeatedly said the two sides are on track to clinch their deal for Volvo. Full story...