Geely will unveil compact car developed with Volvo at Geneva show
Geely Automobile Holdings intends to exhibit the initial compact car together developed with Volvo in March at the Geneva auto-show next March.
Geely and Volvo are both subsidiaries of Zhejiang Geely Holding Team Co., a personal Chinese auto-maker.
The automobile is underpinned by way of a compact modular design (CMA) that Geely together developed with Volvo.
Geely Automobile and Volvo each will produce some versions utilizing the common structure. Nevertheless, the common system is not going to change the brand placement of Geely or Volvo, in accordance with Geely and Volvo Chairman Li Shufu.
"Volvo will continue to to focus on the worldwide high-end market, while Geely will serve the mass-market," the chairman stated.
Volvo h-AS stated it is going to utilize the newest CMA system to to displace the present V40 and will roll it out to other compact versions after.
Li shown the plans to unveil the Geely car with an industry forum the other day in the south-west China municipality of Chongqing.
"Geely will therefore embark on a wholesome and more rapid track for engineering update and [company] shift," Li stated. He did not supply additional details about the car, which will go on-sale in China late next yr.
Geely obtained Volvo this year from Ford Motor Co. In 2013, Geely Car and Volvo started a combined r&d centre in Volvo's home town of Gothenburg in Sweden, to create a modular design and parts for C-section cars for both business organizations.
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