The Swedish Wire
Chinese car maker Geely wants to protect Volvo's brand image after it buys the company from US auto giant Ford and has no intention to move production to China.
"We want to be careful not to damage the Volvo brand," Freeman Shen, Geely's vice president for international operations, was quoted by Financial Times as saying.
"We don't want the image of a luxury car made in a third world country. We want the image of a European luxury car, albeit owned by a Chinese owner."
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Geely will keep Volvo production in Sweden