Although there has been more news coverage about the pending understanding of Saab to Dutch supercar maker Koenigsegg, the other Swedish automaker, Volvo, is still up for sale, too. And Automotive News cites a report from Dagens Industri, a Swedish business newspaper, that Chinese maker Geely is the only company to submit a serious bid for Volvo thus far.

More details on the understanding are expected next month, and parent company Ford still hopes to have everything wrapped up before New Year's, according to the report.

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