Geely Promises to Keep Volvo as Is

Ford has already confirmed that Geely is very close to take control of Volvo, with the final signature expected to come in early 2010. Although various media reports have already suggested several changes to be made within Volvo once the Chinese guys take over the brand, Geely’s officials promise to keep Volvo as it is in most areas.

For example, the current production, research and development facilities will remain untouched under Geely’s ownership, Reuters reported citing a Chi… (read more)