Ford CEO: Volvo deal will be completed in the third quarter of this year
, Zhejiang, China Geely holding group co., Ltd. 28 Ford and United States automobile companies Gothenburg in Sweden formally signed the acquisition automobile company, Volvo, Ford CEO Murali says:
Volvo is a very good brand, it also has a good product line. This acquisition will give Volvo's sustainable development provides a solid foundation, under the leadership of the Kili, Volvo will have a bright future.
The specific final transactions including: stock trading contracts, intellectual property contracts and auspicious Ford and Volvo tripartite arrangement between the research and development. Lucky will continue to retain the Volvo in Sweden and Belgium's existing production facilities, but also in China's new factory produces Volvo models supplied to the Chinese domestic market. Volvo's all transactions will be completed this year's third quarter.
[Edit: meipeng]