China Car Fans » Volvo http://www.chinacarfans.com WE OBSISSEVELY COVER THE CHINESE AUTO INDUSTRY Mon, 07 Sep 2009 07:03:43 +0000 en hourly 1 http://wordpress.org/?v=3.0 Geely to buy Saab and Volvo? http://www.chinacarfans.com/2009/05/13/geely-to-buy-saab-and-volvo/ http://www.chinacarfans.com/2009/05/13/geely-to-buy-saab-and-volvo/#comments Wed, 13 May 2009 01:53:49 +0000 Chief Editor http://www.chinacarfans.com/?p=819 133 572xfloat= geely b class Geely to buy Saab and Volvo?

Unnamed sources from Wall Street reported that Geely is bidding to buy Saab, a GM sub-company.

The report also reviled that Geely bidded  to acquire Ford’s Volvo a couple weeks ago.

However, Geely said that their don’t  plan to acquire Saab or Volvo. Very confused!

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]]> http://www.chinacarfans.com/2009/05/13/geely-to-buy-saab-and-volvo/feed/ 0 Breaking News: Chery may acquire Europe automakers? http://www.chinacarfans.com/2009/02/21/breaking-news-chery-may-acquire-europe-automakers/ http://www.chinacarfans.com/2009/02/21/breaking-news-chery-may-acquire-europe-automakers/#comments Fri, 20 Feb 2009 16:03:32 +0000 Chief Editor http://www.chinacarfans.com/?p=292 167 225x171 chery logo 5 Breaking News: Chery may acquire Europe automakers? CHERY Automobile Co, China’s largest maker of own-brand cars, may consider acquisitions in Europe to help expand overseas as domestic demand reverses.

“There is a possibility for us to acquire some European auto companies with long histories,” Jin Yibo, a Chery spokesman, said by phone yesterday, confirming comments by President Yin Tongyao that were reported by China Automotive News. Jin declined to name the firms that Chery may buy. Ford Motor Co has approached Chery and other Chinese auto makers as it tries to sell its Sweden-based Volvo Car unit, according to three people familiar with the discussions.

source: CheryGlobal.com

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