Similar to Warren Buffett's bet on BYD last year, Goldman Sachs' play likely will make Geely stand out among Chinese car companiesIt took four months of negotiations for China's Geely Automobile to sell a 12% stake to a Goldman Sachs (GS) investment fund for $245 million. But the seeds of the deal, announced on Sept. 22, were planted a year ago. On Sept. 29, 2008, one of Geely's Chinese rivals said it had won a $231 million investment from a company controlled by Warren Buffett. That news made little-known BYD an investor favorite, and its stock has since surged 750%. China Photos/Getty Images
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