Dating back to 1927, when its first model was built, Volvo Group used to build trucks and cars, as well as marine and aero engines. In 1999, it sold its car business to Ford Motor for US$6.45 billion, and focused on commercial vehicles. Ford sold Volvo to China’s Geely in 2010.
Race begins for China Open berths
The race for 13 spots at this year's Volvo China Open in Beijing will begin in earnest at the two-day international qualifying tournament at the Discovery Bay Golf Club starting next Wednesday. More than 70 hopefuls, including Asian Tour regulars, will be chasing four available places in the Hong Kong qualifier. Among those tipped to sparkle include young talents Ben Leong of Malaysia, and Jay Bayron of the Philippines. Mahal Pearce, a former New Zealand Open champion, and Australian Richard Moir will also be in contention.