Geely produces mainly budget cars - so far
Geely's Volvo Bid

Mixed Reactions in Sweden

Wednesday’s announcement that Chinese car manufacturer Geely are making an offer to buy ailing former Swedish car brand Volvo has triggered mixed reactions here in Sweden. The Volvo union is worried what will happen to the manufacturing base in West Sweden whereas Prime Minister Fredrik Reinfeldt hopes that Volvo's new owners will act with sustainability in mind.

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