Volvo Cars CEO Says Willing to Support China's Geely with European Production
Igår, 12:20
Igår, 12:20
06:20 AM EDT, 04/29/2026 (MT Newswires) -- Chief Executive Officer Håkan Samuelsson said Volvo Car AB (VOLCAR-B.ST), d/b/a Volvo Cars, is willing to support Geely Holding Group's brands with European production if they want to manufacture cars in the region.
Samuelsson told Bloomberg Television on Wednesday that Chinese automakers need local production in order to succeed in Europe.
Geely acquired Volvo Cars in 2010.
Igår, 12:20
06:20 AM EDT, 04/29/2026 (MT Newswires) -- Chief Executive Officer Håkan Samuelsson said Volvo Car AB (VOLCAR-B.ST), d/b/a Volvo Cars, is willing to support Geely Holding Group's brands with European production if they want to manufacture cars in the region.
Samuelsson told Bloomberg Television on Wednesday that Chinese automakers need local production in order to succeed in Europe.
Geely acquired Volvo Cars in 2010.
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