A group calling itself Consortium Jacob AB is making a last-minute play to keep the Volvo brand out of Chinese hands. The alt. Geely newbies consist mainly of Swedish owners, fronted by former Volvo CEO Roger Holtback. Despite the late entry into the auction, Ford has promised to treat the all [mostly?] Swedish bid seriously. [...]
Read More: http://www.thetruthaboutcars.com/swedish-consortium-to-take-on-geely-volvo-bid/

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