After an infinity of rumors, negotiations and versions of the same story, Zhejiang Geely Holding Group has recently signed the contract for purchasing the Volvo brand from Ford Motor Company. Among other implications, the acquisition is said to be a threat for the Audi A6’s job as the Chinese state’s official car, as ozcarguide reports.
Li Shufu, the man who leads Geely, is currently looking forward to beginning the development of the company, after acquiring Volvo for around $2 billion.
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