Geely to own Volvo???

According to rumors from China, Ford would already have an agreement to sell Volvo to the Chinese car maker Geely.
How weird... (At least Saab is staying Swedish)

They are also saying that Volvo might relocate the XC90 production line in China. That could mean Chinese made Volvos could find their ways in the west sooner than later.

I just don't know what to think about this...