Mixed Signals Surround Volvo Sale

Differing responses from both parties are calling into question the ability of US carmaker Ford Motor and China's Geely Holding to reach an agreement on the sale of the Volvo brand. While Ford CEO Alan Mulally claims that the company is 'making progress' in its talks to sell the Swedish premium brand, Geely's chairman, Li Shufu, appears to be less convinced, telling the Wall Street Journal that 'the situation is changing

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