Volvo Cars and Chinese owner Geely plan to merge

Volvo Cars and Chinese owner Geely plan to merge

Sweden's Volvo Cars and its Chinese owner Geely said on Monday (Feb 10) they are considering merging into a single group to better share technology and financial resources while preserving their separate brands.
Volvo recalls 167,000 cars worldwide, second in weeks

Volvo recalls 167,000 cars worldwide, second in weeks

Swedish manufacturer Volvo Cars, owned by Chinese group Geely, said on Wednesday (Feb 6) it was recalling 167,000 cars worldwide because of a problem with the power-operated tailgate.