Russo Says Geely's Volvo Sales Target `Very Challenging'

Bloomberg Network's Asia Morning Call, March 28, 2010

March 29 (Bloomberg) -- Bill Russo, president of Synergistics, talks with Bloomberg's Susan Li about Zhejiang Geely Holding Co.'s agreement to buy Volvo Cars from Ford Motor Co. for $1.8 billion in the biggest overseas acquisition by a Chinese automaker. Yesterdays agreement includes terms on intellectual property rights, supply as well as research and development arrangements Geely said. (Source: Bloomberg)

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