Just 12 years after it made its first car, Geely has bought Volvo from Ford Motor for $1.8bn. The purchase by the Chinese carmaker – whose name means “lucky” – is a defining moment for the group and highlights both the eastwards drift of the car industry and how Chinese companies are extending their reach. There is much to like about the deal, but Geely will need more than luck to make it work.
12年前才製造出第一輛汽車的吉利(Geely)，以18億美元的出價從福特汽車(Ford Motor)手中收購了沃爾沃(Volvo)。這家中國汽車製造商——它的名稱含有「幸運」之意——的收購舉措，標誌着該公司的一個決定性時刻，它既突顯出汽車行業東移的趨勢，又表明了中國企業如何進行擴張。此筆交易頗有可圈可點之處，但要想讓收購達成預期目標，吉利需要的不僅僅是運氣。
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