Volvo

Latest news and articles about Volvo from NEX English

Volvo Announces Plans to Produce Chinese Models to Address Overproduction

Li Shufu, the owner of Volvo, has revealed new plans aimed at enhancing collaboration with the Chinese parent company by producing Chinese brand models in Volvo's factories. This move comes amid significant challenges in the automotive industry due to overproduction.

Volvo Partners with Geely to Distribute Lynk & Co in Europe

Volvo has signed a memorandum of understanding with Geely Auto to become the exclusive distributor of the Lynk & Co brand in the European market. This partnership aims to accelerate brand development and increase sales in the growing electric vehicle sector.