The pending sale of Volvo Car Corp. to China-based Zhejiang Geely Holding Group should help bolster the Swedish auto maker’s bottom line by opening up the burgeoning China auto market. “You have to believe if you are owned by a Chinese manufacturer that would bring a whole lot of benefits,” Volvo CEO Stephen Odell told Ward’s in January. A Volvo spokesman confirms Ford Motor Co.’s sale of the Swedish auto maker to Zhejiang Geely, parent company of Geely Automobile Holdings Ltd., will ...
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