Volvo Cars unions demand answers as Geely buy looms

Newswire

* Labour opposition sets up potential hurdle * Volvo Cars unions say can't recommend Geely purchase * Need info on capital, management to endorse deal * Ford and Geely seen signing deal in coming days STOCKHOLM, March 25 (Reuters) - Unions at Ford Motor's Volvo Car Corporation on Thursday withheld their backing for a planned acquisition by Zhejiang Geely, setting the stage for a potentially troublesome takeover by the Chinese automaker. Ford and Zhejiang Geely Holding Group, ...

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