Page last updated at 21:03 GMT, Wednesday, 23 December 2009

Carmaker Ford agrees Volvo sale to Geely

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Ford has agreed the terms of the sale of its Swedish business, Volvo Cars, to China's Geely.

Ford said "some work still remains to be completed" but the deal will be finalised early next year ahead of completion soon after Easter.

Philip Hampsheir reports.

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