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Flying car maker Terrafugia bought by Geely

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One of the most remarkable transformations in the auto industry has been the flourishing of Volvo Cars under the ownership of Chinese parent company Geely. It could be a poster child for the right way to acquire and manage a brand—one simply needs to look at Volvo's tenure under previous owner Ford, or perhaps the fate of Saab under General Motors, to see things don't always turn out well. Geely has been on a little bit of a purchasing spree of late. In May it bought Lotus, giving hope to fans… (arstechnica.com) 更多...

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