Peter Horbury Will Lead Design For Geely

Peter Horbury Will Lead Design For Geely
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A few years ago, a Chinese car company by the name Geely bought the Swedish luxury car brand Volvo. As part of Geely’s plan to move the Volvo brand forward, they hired famed car designer Peter Horbury to look after the design direction of this luxury car brand. Horbury, who hails from Britain, was no… Continue Reading...

Report: Ford, Geely Reach Agreement on Sale of Volvo

Report: Ford, Geely Reach Agreement on Sale of Volvo
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Ford Motor Co. and Zhejiang Geely Holding Group (Geely) have reached a general agreement on the terms of a sale that would see Ford’s loss making Volvo unit sold to the Chinese automaker. An initial agreement is set to be signed in the first quarter of 2010, with the transaction complete in Q2. Ford said… Continue Reading...

Report: Volvo Sale to China’s Geely Pegged for October

Report: Volvo Sale to China’s Geely Pegged for October
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Ford’s sale of Swedish automaker Volvo to China’s Geely Automotive may start next month. According to a report in Swedish business daily Dagens Industri, Geely is the only company to actually submit a competitive bid. In July Ford reps commented that the automaker was discussing with several potential buyers. Ford has reportedly set the a… Continue Reading...