Geely says parent to lead bidding for Volvo

Newswire

HONG KONG, Sept 9 (Reuters) - The parent of China's Geely Automotive will bid for Ford Motor-owned carmaker Volvo Car Corp with a local-government backed investment firm, a Geely executive said on Wednesday.

"The parent company won't do it alone as it is a big deal. It will take the lead," Geely's chief executive Gui Shengyue told Reuters.

Geely's parent is waiting for

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