Page last updated at 20:33 GMT, Sunday, 28 March 2010 21:33 UK

Volvo bought by China's Geely

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Volvo has been sold to China's biggest privately-owned car firm, Geely, from US car giant Ford for $1.8bn (£1.2bn).

Loss-making Volvo has been on the market since 2008, when Ford put it and several other brands up for sale.

Joe Lynam reports.

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