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Ford Sells Volvo to Geely for $1.8 Billion
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...
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Peter Horbury Will Lead Design For Geely
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...
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Volvo Plans To Add 10,000 Jobs By 2020
Volvo‘s Chief Executive, Stefan Jacoby, has said that the company plans to add some 10,000 additional employees to the workforce in the next decade; currently Volvo employs some 25,000 people...
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