Who Will Be The Next Brand Sold To The Chinese?

The day after Ford Motor Co. confirmed Geely as the preferred bidder for its Volvo unit, I was having dinner in Shanghai with a reporter from outside China.

"What brands do you think Chinese companies will buy next?" he asked. 

"It might be a European brand or....." I mumbled since I was lost for a quick answer.

I realized my friend thought the acquisition of foreign brands by Chinese automakers was going to become a trend. 

Other domestic players might be keen to follow Geely, in bidding for a world-class brand and its technology to up their game in the global market.


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WorldofLuxury - 11/11/2009 6:03:56 PM

0 Boost

They already took Wham-O :(

My friends overseas tell me that they don't know why Geely has so much attention here in America - nowhere on par with BYD. hmm... I'd like to see BYD investing in Tesla Motors, unless they already have.