STOCKHOLM, Aug 29 (Reuters) - China's Geely Automotive has submitted the only concrete bid so far for Ford Motor-owned carmaker Volvo Car Corporation, a business daily reported on Saturday, citing an undisclosed source.
The U.S. carmaker put money-losing Volvo Cars up for sale in December last year as it looked to cut costs and raise cash in the face of plunging industry-wide auto sales.
The ...
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