Ford Confirms Geely as its Preferred Bidder for Volvo Cars

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Comments (19)

 norther norther
smooth... very smooth.
October 28, 2009 2:47 pm
 stylish267 stylish267
NOOO!!!!! DONT DO IT!
October 28, 2009 6:25 pm
 joelynn joelynn
goodbye volvo as we know it... why keep overpaid swedes when local chinese will do the work for far less... they will sack the swedish factory workers- look what happened when MG Rover went to the chinese
October 28, 2009 7:41 pm
 audilover audilover
Goodbye, Volvo. This is the same Geely that makes the QQ, right... the car which was a complete rip-off of the Chevy Matiz. I, too, think Geely is much more likely to do produce another Roewe. Forfo, anyone?
October 28, 2009 7:48 pm
 xc90mp5 xc90mp5
it will be a disaster if geely took volvo and i think the brand would not exsist anymore
October 28, 2009 8:37 pm
 xc90mp5 xc90mp5
but i think the sewdish government and people in volvo will refuse the take-over the best solution is that volvo the parent company will take back it's automobile sector
October 28, 2009 8:39 pm
 clash_189 clash_189
Better if it is sold to BMW or PSA as they need to fill another segment that is not exist in their group. BMW already rose that they need a sub-luxury brand as Volvo does. PSA only has Pug for middle and Citroen for upmarket segment, now they really need a truly luxury brand and that means they can move up Volvo brand awareness to fight directly with German marques and not sub market like Alfa or Renault and actually Citroen.
October 28, 2009 8:59 pm
 jon_leong jon_leong
Well it can't be all bad... Look at Jaguar, just because TATA makes the Nano, Doesn't mean that Jaguar will suddenly started to make cheap as city runabouts. That is IF Geely ONLY provides financial support and not management support..
October 28, 2009 9:38 pm
 joelynn joelynn
I think Geely has already demonstrated their lack of respect for other car companies. I think Tata's approach is far better than the approach taken with Rover. But a different relationship exists between England and India than China.
October 30, 2009 7:29 am
 Edison Edison
It's way too early to call this one. Ford may also be kicking the bushes for more bidders. It will likely drag on for months, with bidding wars and agreements/disagreements. Just look at the SAAB and Opel deals. If Geely does end up with Volvo, it may not be the worst thing ever. If Geely is a good proprietor, like Tata, and pumps in capital, provides a clear product stategy, and lets Volvo do the engineering and manufacturing (manufacturing for non-China markets that is) in Sweden, I think Volvo will be fine.
October 28, 2009 10:28 pm
 astroturf777 astroturf777
i may be one of the only ones here to have driven in a geely. we have them in vanuatu (because they don't pass the safety tests to go to real countries) they are absolute rubbish. the world innovator of safety will be owned by a company that cannot legally sell their cars outside the third world... do we really think they''ll continue developing innovations in safety??
October 29, 2009 12:52 am
 nederina nederina
This is good news. You could say a lot of things about the Chinese but they have the biggest car market sector right now and Volvo has got to do whatever it takes to survive.
October 29, 2009 1:29 am
 crazy_golf_driver crazy_golf_driver
Oh no.... but on the other hand, i agree with Edison.
October 29, 2009 3:08 am
 davethepetrolhead davethepetrolhead
How ironic one of the safest car companies in the world is going to be acquired by probably one of the unsafest car companies in the world.
October 29, 2009 8:23 am
 carbonfibreguy carbonfibreguy
lol yea, geely is probably try to learn from volvo and copy them.
October 29, 2009 8:21 pm
 GTurbo GTurbo
HERE LIES VOLVO, SAFETY TO SAFE SEX, 1927-2009. RIP. THAT'S 'REST IN PIECES'. ANOTHER ONE BITES THE DUST; REMEMBER ROVER? YEP! IT WAS ALL OVER FOR ROVER AND MG UNDER NANJING. SO, HOW CAN VOLVO KEEP THINGS ON AN EVEN KEEL WITH GEELY OF ALL CAR FIRMS?! THE MIND BOGGLES.
October 29, 2009 2:39 pm
 carbonfibreguy carbonfibreguy
WDF IS UP WITH UR CAPS
October 29, 2009 8:18 pm
 alessandro alessandro
Only miracle saves it now. Some time ago it could have been Renault.
October 29, 2009 2:58 pm
 carbonfibreguy carbonfibreguy
Please, please, please Ford don't sell it to Geely! How is Geely going to keep volvos core values when geely doesnt have any?geely should be gayly, lol. But no seriously i dont like the fact that volvo is being sold to geely...goodbye volvo, it was nice knowing you!
October 29, 2009 8:20 pm