The factory of Volvo likely to shift to China.
Chinese carmaker Geely has officially purchased Volvo from the Ford Motor Company, for an estimated US$1.8 billion
Ford has announced that it has completed the sale of Volvo to Chinese carmaker Geely, after confirming "all substantive commercial terms" of the deal
Ford says that Geely is its preferred bidder for Swedish automaker Volvo, claiming that Geely will be a responsible owner
Volvo looks set to fall into Chinese hands, after it emerged that Geely is the sole bidder for the Swedish carmaker, currently owned by Ford
Chinese reports indicate that Geely has reached an agreement with Ford for the Swedish carmaker
