Geely Buys Volvo: Read The Tea Leaves About:Zhejiang Geely Holding Group, Ford Motor’s (NYSE: F) Volvo, Volvo, Ford, Ford Motors, Geely, China Stock Digest, Chinese equities, Jim Trippon, China’s equity markets (HOUSTON) March 29 – Chinese conglomerate Zhejiang Geely Holding Group announced on Sunday that it will purchase Ford Motor’s (NYSE: F) Volvo unit for [...]

The U.S. auto industry is still reeling from the latest, most unexpected chapter in the Chrysler/GM bankruptcy saga. Now the iconic American brand, Hummer, is being sold to a virtually unknown Chinese company from earthquake-ravaged Sichuan province. The buyer, Sichuan Tengzhong Heavy Industrial Machinery Company is based in Chengdu and it has no experience in [...]