(AFX UK Focus) 2010-03-05 03:55 Geely's Volvo talks on track, no deal yet - chairman (Interactive Investor)

4 March 2010, 8:12 pm

BEIJING, March 5 (Reuters) - The parent of China's Geely Automobile said on Friday it had yet to sign an agreement in its ongoing bid for Ford's Volvo car unit, but that its plans to purchase the brand are proceeding on track. Zhejiang Geely Holdings Chairman Li Shufu made the remarks on the sidelines of the opening of the National People's Congress in Beijing, after some had previously expected ...... Read More »

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