INDUSTRY NEWS
Geely to deepen ties with Volvo
Geely and Volvo in talks to combine in a move that could make Geely China's first global carmaker
13 February 2020 - 05:00
Geely Automobile and its sister company Volvo Cars are planning to merge and list in Hong Kong and possibly Stockholm, giving Volvo access to public markets after it dropped a move to list its stock two years ago.
Monday's move to merge the two units come as global automakers pursue alliances to respond better to the cost of switching to electric cars, tougher emission rules and autonomous driving...
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