Zhejiang Geely Holding Group Company Limited has came to agreement with Ford over the sale of Volvo. The agreement won't be final until the first quarter of 2010, with the official sale not occurring until the second quarter. This will give Ford the time to focuses on its core brands. Though Volvo will be owned by Geely, Ford will still work with Volvo as they share technologies and platforms.
-Anthony Alaniz
[Source: Ford]
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