New Ownership

Post by **JRL** » 02 Aug 2010, 15:50

Volvo as of today is now 100% owned by Geely (The Chinese)
Comments are welcome

Post by **writer100** » 02 Aug 2010, 16:38

Well, they are keeping the manufacturing in Sweden and Belgium, so that's something. If Geely just supplies the cash, and doesn't attempt to influence the product, everything should be fine.

Otherwise, look out.

Post by **JRL** » 02 Aug 2010, 21:24

writer100 wrote:Well, they are keeping the manufacturing in Sweden and Belgium, so that's something. If Geely just supplies the cash, and doesn't attempt to influence the product, everything should be fine.

Otherwise, look out.

Actually the "product" needs influencing, hopefully though for the better

ChiNorm · Post by **ChiNorm** » 04 Aug 2010, 09:11

I didn't expect it, but Tata has actually been a good thing for Jaguar, so I am crossing my fingers about Geely.

Post by **Ozark Lee** » 07 Aug 2010, 15:48

Hopefully job 1 is to get rid of the "environmentally friendly" plastics and adhesives and build panels that will actually hold up. My big fear is that stuff like control arms and axles will be worse than ScanTech made of junk Chinese steel.

...Lee

Volvofix1 · Post by **Volvofix1** » 19 Aug 2010, 13:41

Hmmm...wonder how the General Tso's chicken is,never mind ..i'll take theSzechuan Shrimp with pork fried rice

Dick K. from Fla.

Post by **LamboSE5** » 25 Aug 2010, 16:42

Volvo is now Chinese owned??