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.

Volvo's S60 is key to its US export plan. Photo: Reuters

Geely's Volvo unit set to sell China-made cars in the US

Volvo Car Group plans to export a Chinese-made midsize sedan this year to the United States, and is starting to weigh the possibility of building a factory in the US, people familiar with the carmaker's plans said.

  • 1
  • 2

You may also like