Search Results for "Volvo"

Volvo Has Found First Joint Venture, Geely Holds 70% Shares

Volvo has found its first joint venture in China—Daqing Volvo Automobile Manufacture Co. LTD. The company registered capital is 1.66652 billion Yuan, and Zhiyuan Tong, Volvo China CEO, takes president of Daqing Volvo. The plant will go into operation within this year.

Sep. 30 , 2013
Volvo Launches Cost-Cutting Program

Swedish truck maker Volvo AB VOLV-B.SK Tuesday became the latest in a crowd of European industrial companies to announce deep cost cuts and staff reductions amid a patchy economic recovery and a significant decline in demand.

Sep. 25 , 2013
Volvo execs, owner Geely clash over brand direction

Safe, solid and understated in a Swedish way, or an aspiring luxury brand eager to pander to a Chinese taste for excess and 'bling': that's the debate causing ripples at the top of Volvo Car Corp., which has been under Chinese ownership since 2010.

Sep. 12 , 2013
Volvo announces ambitious development plans for China

Gasgoo.com (Shanghai June 13) - Volvo's sponsorship of the recently held 2013 Fortune Global Forum in Chengdu, Sichuan has been completed successfully, the National Business Daily reported today. Volvo supplied 200 of its flagship long-wheelbase S80L midsize executive sedans for official use at the event. At the event, Geely Chairman Li Shufu proudly boasted about the new technology monitoring interior air quality in the Volvo S80L.

Jun. 13 , 2013
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