BEIJING — Ford Motor Co. accelerates its presence in China as a result of its US$6.45 billion pending takeover of Sweden's AB Volvo Car operation, analysts say. Volvo's high prestige and networks of distribution and service in China will perfectly compliment Ford's local operation. Hong Kong-based Swire Group, the sole agent for Volvo cars in China, says Volvo sold about 700 cars in the country last year. The automaker, which held a grand ceremony to launch its luxury S80 car in ...
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