Volvo to develop brand-new cars with Chinese car maker Geely

Friday, May 20th, 2016 - Automotive, cars, motoring, news

Source : Volvo to develop brand-new cars with Chinese car maker Geely

Volvo rumors suggest the Swedish brand participated within the development of the architecture for the production of a brand-new design with the Chinese parent company of a group

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Volvo is usually said to work with Geely parent company to participate within the development of a range of cars for the brand-new brand.

According to a news site Reuters , producer of Swedish working with Chinese brand to create a composite structure, which will first be used to support the SUV within the brand, which has been dubbed “L” .

sources said which which design will be based on units built Architecture (CMA) platform developed by Geely along with Volvo, which is usually also anticipated to support the salon at a later stage. The platform itself is usually based on the Ford, which was purchased by Volvo again in 2010. which is usually also expected which the architecture to support Geely along with Volvo types within the future design.

Autocar contacted Geely official comments, along with responded to the automotive industry with: “Geely has plans to unveil a brand-new range of products over 2016, will Discharge more information in a timely manner.” Volvo She did not provide a response.

says

insiders will focus on the brand brand-new affordable types, which allows Volvo’s focus on the premium end of the market. which is usually not known yet whether which will be selling brand brand-new outside China, however insiders assume which you will. Given the pace of growth is usually currently prevailing within the UK market, which is usually reasonable to propose brand-new brand, will make its cars here.

illustrated the size of which operation because of allegations which confirms my generation along with the construction of brand-new factories for the production of cars. which is usually believed which your vehicle will be sold through its dealer network in my generation, however.

been cast doubts about the success of a brand-new project in China, a market which has fallen into decline in recent months. However, Geely proven brand strength to defy market trends along with increased sales by 22% last year, with Volvo’s profit alone three times.

proposed

Earlier reports also were created brand-new Centeng structure as part of Geely momentum of growth in America along with Europe, the Chinese slow demand generating sure which which is usually less important to the success of the brand.

by Autocar via RSS



Source: Volvo to develop brand-new cars with Chinese car maker Geely

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