Thursday, June 18, 2009

Volvo and Geely?

So, Saab was bought by Koenigsegg, a luxury sports car manufacturer extraordinaire. Volvo, on the other hand, doesn't seem to be as lucky, as it appears they are in the process of being bought by Chinese car manufacturer Geely, who are best known for their fine selection of metal death traps, or "death vessels" as China Car Times calls them, and their embarrassing and poor copies of well known car models.

I'm guessing acquiring Volvo is a way to improve the safety of these cars by utilizing Volvo's technology. It's harder to see what Volvo could possibly get out of this marriage. Not much, I'd say.

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