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Manufacturing

Volvo AB exploring closer ties with shareholder Geely in China

Volvo AB
CEO Martin Lundstedt: "Recession might be a strong word, which we already guided for during the fourth quarter report, but some sort of correction is rather expected, actually." (BLOOMBERG)
EB
By:
ELISABETH BEHRMAN
B
By:
Bloomberg
|
April 09, 2019 07:53 PM

MUNICH -- Volvo AB is exploring closer ties with Zhejiang Geely Holding Group Co. in China, in a sign the Swedish truckmaker and its largest investor are taking steps to collaborate.

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