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Deal is done- Volvo sold to Geely

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Old Dec 23, 2009 | 11:17 AM
  #1  
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Deal is done- Volvo sold to Geely

Sale will finalize in 2Q 2010

http://online.wsj.com/article/BT-CO-...23-704388.html
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Old Dec 23, 2009 | 11:22 AM
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so with PAG gone will Mazda move away from those other formally PAG buildings?

edit: forgot they already sold the PAG buildings to Taco Bell http://www.autoblog.com/2009/06/04/r...ers-in-irvine/
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Old Dec 23, 2009 | 11:54 AM
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This means I can start looking at Volvo again.
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Old Dec 27, 2009 | 12:01 AM
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Hope Geely does something with Volvo....
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Old Dec 27, 2009 | 08:36 AM
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China people LOVE foreign brands. regardless of how garbage they actually are.

Think of it, my relatives thought Buick is a super high end luxury brand in the US ... when its actually mid-low grade crap.
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Old Dec 27, 2009 | 12:45 PM
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If they thought Buick was super high end, what do they think of Rolls Royce, Bentley, etc?
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Old Dec 27, 2009 | 12:49 PM
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utter trash. its not american!

:P
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Old Dec 29, 2009 | 01:13 PM
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hahaha thats because the chinese know a good car when they see one.

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Old Dec 29, 2009 | 01:20 PM
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Mercedes Benz and BMW are really the only 2 brands to pick from if you are wealthy in China. Having Buick in the mix is the new brown. It makes you stand out more. China's division of Buick is possibly different from the versions you see here in North America.
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Old Dec 29, 2009 | 01:21 PM
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heres the chinese buick regal

http://www.autoblog.com/gallery/2009-china-buick-regal/
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Old Dec 29, 2009 | 01:29 PM
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i love how the first set of pics are in a german locale. it says a lot about the brand image they are going for.

the interior looks pretty nice, except for those god awful seats. havent they learned anything in 25 years? they still look 80s.
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