The Swedish Wire
US auto giant Ford said Wednesday it had reached a deal with China's Geely on the potential sale of its Swedish brand Volvo, it said in a statement.
Ford said a definitive accord would be signed early in 2010 with Geely, a former refrigerator parts supplier that has grown into one of China's largest private car makers since launching its auto business in 1997.
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Ford confirms Volvo sale to Geely