Fake Rolex Market is Booming, makes sense to do the same with Rolls eh?
We’ve always wondered what would happen with Volvo’s current Chinese joint venture with ChangAn once someone like Geely buys Volvo. Our Best & Brightest openly did “wonder how this’ll effect Changan which already makes Volvo’s in their JV.” Well, now we know why ChangAn is so sanguine. “ Geely said today that it is interested in buying Volvo’s China operations, if Geely is successful in buying Volvo from Ford, Gasgoo reports.
Geely is always on the lookout for potential acquisitions, said Lawrence Ang, an executive director of Geely Auto. He thinks, Geely might not edven be done with Volvo and hopes that more acquisition opportunities will arise in the battered U.S. and European auto markets next year.
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