Up until now, lots of media sources talked about the Volvo – Geely deal but nobody knew for sure which exactly are the terms of the agreement and what is going to happen to the Swedish unit after the Chinese manufacturer takes the majority package. Well, here are the first details of the deal which, according to China Car Times, got leaked onto the web a few days ago.
Basically, Geely will get control of a total of 9 products, S40, S60, S80, C70, C30, XC90, XC60, V50, V70. It will… (read more)