Alongside the big American name artists the Berlin Jazz Festival also increasingly presents musicians from all quarters, artists whose music centres on crossing the borders between local folk traditions and global sounds and trends.
Ford Agrees to Sell Volvo to a Fast-Rising Chinese Company. HONG KONG â Ford Motor reached an agreement on Sunday to sell its Volvo subsidiary to a Chinese conglomerate, in the clearest confirmation yet of Chinaâs global ambitions in the auto industry. The Zhejiang Geely Holding Group, based in Hangzhou, agreed to pay $1.8 billion for Volvo, with $1.6 billion in cash and the rest in a note payable to Ford. Ford paid $6 billion in 1999 to acquire Volvo, leaving the company with a substantial loss on its investment.
Chery Automobile Co., Ltd. , trading as Chery (/ËÊÉri/) and sometimes known by the pinyin transcription of its Chinese name, Qirui, is a Chinese automobile manufacturing company headquartered in Wuhu, Anhui Province, China.It was founded by the Government of China in 1997 and is a state-owned corporation.Chery's principal products are passenger cars, minivans, and SUVs; it sells passenger cars under the Chery marque and commercial vehicles under the Karry brand.Chery is the tenth-largest China-based automaker measured by 2012 output (around 590,000 units).t was founded by the Government of China in 1997 and is a state-owned corporation. Chery's principal products are passenger cars, minivans, and SUVs; it sells passenger cars under the Chery marque and commercial vehicles under the Karry brand.