Tuesday, 11 February 2020
Swedish carmaker Volvo Cars and Chinese brand Geely Automobile are reportedly planning a merger that would have a knock on effect for both companies. Announced yesterday, the merger could see Volvo back on public markets for the first time in over 20 years. It would also make Geely China‘s first global car brand, Financial Times reports. The merger comes as an attempt to integrate the two brands. It would undoubtedly lead to vehicles sharing common components, and could even see the firms co-develop technologies for electric vehicles and autonomous driving. [Read: Tesla nosedives in Norwegian consumer satisfaction rankings — but…
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