Geely's Plans For Volvo
Published Monday, 13 September, 2010 by Blog Admin. Categories: News.
Zhejiang Geely Holding Group Co. - that is the name of the new majority owners in Volvo. Geely took over officially this month, and a whole new line up might come from it.
The company is building new facilities to produce Volvo cars in China and also for the US market. They want Volvo to be a major global brand yet again.
Geely, which completed its $1.8 billion acquisition of Volvo this month, said it hopes to revive Volvo in by upping sales in China. But details of its plan are unclear, as the effort is being closely watched by…
The company is building new facilities to produce Volvo cars in China and also for the US market. They want Volvo to be a major global brand yet again.
Geely, which completed its $1.8 billion acquisition of Volvo this month, said it hopes to revive Volvo in by upping sales in China. But details of its plan are unclear, as the effort is being closely watched by…