Geely reportedly interested in Volvo Cars
 

<p>Filed under: <a href="http://www.autoblog.com/category/china/" rel="tag">China</a>, <a href="http://www.autoblog.com/category/volvo/" rel="tag">Volvo</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><a href="http://www.autocar.co.uk/News/NewsArticle.aspx?AR=23648 4"><img border="0" align="right" src="http://www.blogcdn.com/www.autoblog.com/media/2008/12/volvo_chinese_sale_take_3 .jpg" alt="" /></a>We already know that Ford <a href="http://www.autoblog.com/2008/06/25/report-ford-looking-to-offload-volvo-on-chinese-cutting-2-000/">has placed Volvo on the auction block</a> and is actively shopping its Swedish brand to <a href="http://www.autoblog.com/2008/12/08/ford-in-further-talks-with-shanghai-auto-to-sell-volvo/">at least one Chinese automaker</a>. New rumors indicate that there may be more players in China with more than a passing interest in taking the brand off the Blue Oval's hands. <a href="http://www.autoblog.com/2008/12/08/ford-in-further-talks-with-shanghai-auto-to-sell-volvo/">If SAIC doesn't bite</a> at Ford's $6 billion asking price, Geely has emerged as a possible bidder and officials from the Chinese automaker have reportedly made the trip all the way to Volvo's headquarters in Gothenburg, Sweden, to discuss a possible sale with Ford. <br /><br />So, what potential roadblocks stand in the way of a Chinese automaker snatching Volvo from the throes of bankruptcy? According to <em>Autocar</em>, one sticking point is that Ford does not want Volvo platforms being used by other automakers. A good deal of Ford products share their underpinnings with Volvo sedans and Ford is concerned that its intellectual property could end up in the wrong hands.<br /><br />[Source: <a href="http://www.autocar.co.uk/News/NewsArticle.aspx?AR=23648 4">Autocar</a>]<p style="padding:5px;backgr ound:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2008/12/18/geely-reportedly-interested-in-volvo-cars/">Geely reportedly interested in Volvo Cars</a> originally appeared on <a href="http://www.autoblog.com">Autoblo g</a> on Thu, 18 Dec 2008 09:01:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.autocar.co.uk/News/NewsArticle.aspx?AR=23648 4>Read</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2008/12/18/geely-reportedly-interested-in-volvo-cars/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/1403116/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2008/12/18/geely-reportedly-interested-in-volvo-cars/#comments" title="View reader comments on this entry">Comments</a>

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