TIMELINE-China carmakers eye global brands

Newswire

Dec 23 (Reuters) - U.S. carmaker Ford said on Wednesday it expected to close a deal to sell its Swedish Volvo unit to China'a Geely in the second quarter of 2010, and it had settled all substantive commercial terms of the agreement. For a main story, click on [ID:nLDE5BM0VB] The move is the latest in a series of contacts this year between Western carmakers and Chinese companies, as big brands seek to restructure to ride out the recession and the Chinese look to raise their global ...

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