As we told you in an earlier report today, American manufacturer Ford officially announced it has settled all the terms of a future agreement with Chinese company Zhejiang Geely Holding Group for the sale of the Swedish brand Volvo. The deal itself will be signed in 2010, sometimes in the first quarter and the sale will be finalized in the second quarter of next year.
"Ford Motor confirmed today that all substantive commercial terms relating to the potential sale of Volvo Car… (read more)