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...

Ford Sells Volvo to Geely for $1.8 Billion

Ford Sells Volvo to Geely for $1.8 Billion
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Ford Motor Co. has announced it has reached a final agreement to sell its Swedish Volvo brand to China’s Geely Holding Group. The sale price is set at $1.8 billion, a fraction of the $6.5 billion Ford paid to buy Volvo back in 1999. The sale of the Volvo brand completes Ford’s corporate strategy to… Continue Reading...