Chery To Volvo: Let's Roll [Industry News]

Posted Tuesday July 8, 2008, 11:48 am, Over one day old

Reports from China indicate that Chery is trying to raise the capital necessary (about $4.4 billion) to purchase Volvo, despite industry experts doubting the possibility of such a takeover. Ford continues to deny that the Swedish automaker is for sale despite continuous rumors to the contrary.

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