20th
November
2009
Geely Keeps Volvo Unions Guessing On Money Issue
posted in Car News Articles |
Sweden’s unions are on a hot trail.  They think that –ohmygod- the Chinese government could be pulling the strings with Geely and Volvo. China’s Geely won’t say where they get the money for buying Volvo from Ford . Geely says its backers include Chinese banks. Sweden’s union leaders are concerned that the Chinese government may ultimately be behind the takeover. Well duh, most (if not all) Chinese banks are owned by the Chinese government. Kindof. Somehow.
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