UPDATE 1-Geely says to buy Chinese special vehicle maker

Newswire

* Geely plans to buy Zhongyu Auto to expand product portfolio * To build crash test centre at initial cost of $51 mln (Adds details, background) SHANGHAI, Feb 25 (Reuters) - The parent company of Geely Automobile Holdings Ltd said on Thursday it plans to buy Chinese special vehicle maker Zhejiang Zhongyu Automobile Co as it moves to expand its product portfolio. Zhejiang Geely Holding Group, which is close to a deal to buy Ford Motor Co's Volvo cars unit, gave no financial details for ...

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