Volvo’s Chief Executive Officer Stefan Jacoby speaks as Li Shufu, Chairman of the Board at Volvo Car Corporation and Chairman of Zhejiang Geely Holding Group Company looks on in Beijing on February 25, 2011. Volvo plans to invest as much as US$11 billion worldwide over the next five years to tap rising demand in markets including China. Photo: SCMP/Simon Song
Geely Auto reveals name of founder’s wife to dispel rumours of link to China’s first lady
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Volvo’s Chief Executive Officer Stefan Jacoby speaks as Li Shufu, Chairman of the Board at Volvo Car Corporation and Chairman of Zhejiang Geely Holding Group Company looks on in Beijing on February 25, 2011. Volvo plans to invest as much as US$11 billion worldwide over the next five years to tap rising demand in markets including China. Photo: SCMP/Simon Song