WSJ: Geely To Bid For Volvo, Attempt To Cook General Tso's Swedish Meatballs

The WSJ is reporting this morning Chinese automaker Geely will likely submit a bid to acquire Volvo from Ford next week. Glad to see they've caught up with the Chinese press and the Detroit News.

Geely Automobile Holdings is likely to submit a bid later this month to acquire Ford Motor's luxury Volvo car brand, two people familiar with the situation said. Offers for the Swedish unit of Ford are due to be submitted as early as next week, and as late as the end of the third week of March, the knowledgeable people said. In addition to Geely, there are at least three other possible bidders, one of which is also a Chinese company, according to one of the people. We're still wondering what Chinese-flavored Volvo will taste like anyway. [via WSJ]