Lynk & Co., the mid-priced car brand spawned out of Geely Holding Group’s takeover of Volvo Cars, has set a half-million unit global sales target, taking aim at Audi and Lexus as its main competitors.
Geely is a Chinese carmaker which sells cars under the brands Emgrand, Englon, Geely, Gleagle and Volvo, which it acquired from Ford Motor in 2010 for US$1.8 billion. A Geely unit is listed on the Stock Exchange of Hong Kong.
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