As know may know already Geely, Volvo’s new owner, announced that it will produce some of the models of the Swedish manufacturer in China. If some of you folks were concerned about the quality of the vehicles which will be manufactured in China, well you can drop those thoughts as Geely boss, Mr. Li Shufu announced through an official letter that the cars will be manufactured exclusively for the Chinese market.
Yes, that right, Volvo Cars will remain a Swedish brand , incorporated in Sweden, as a wholly owned subsidiary of Geely Holding Group. And this is not all, Geely is also preserve Volvo Cars' existing manufacturing facilities in Sweden and Belgium. [via DriveOn]