China's Geely completes Volvo acquisition; eyes restoring Volvo's glory

globaltimesauto submitted on 8/2/2010 Auto Spies Photos Timestamp: 5:17:30 AM

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Chinese car maker Geely Holdings Group Co. Ltd. said Monday it has completed its $1.8 billion-buyout of Ford Motor Co.'s Volvo unit, in a landmark foreign acquisition by a Chinese company.

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