Geely Signs Definitive Stock Purchase Agreement with Ford to Acquire Volvo Car Corporation

March 27, 2010 | Volvo Car Group, Zhejiang Geely Holding Group

28 March 2018 Hangzhou, China / Gothenburg, Sweden. Zhejiang Geely Holding Group Co., Ltd. (“Zhejiang Geely Holding Group”), one of the fastest-growing car manufacturers in China, today announced it has signed a definitive stock purchase agreement with Ford Motor Company to acquire 100 per cent of Volvo Car Corporation (“Volvo Cars”) and related assets (primarily intellectual property).…