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Billionaire Li to Unveil New Volvos after Rescuing Swedish Icon

Billionaire Li to Unveil New Volvos after Rescuing Swedish Icon

Publicerat av Tony Harkén onsdag, 02 november 2016.

Volvo Car Group’s newest, fanciest car has a built-in refrigeration compartment, handmade crystal Orrefors glassware -- and the hopes of China’s premium auto-manufacturing industry riding on it.

Zhejiang Geely Holding Group Co., Volvo Cars’ Chinese owner, unveiled upgraded versions of its S90 sedan, including the top-of-the range S90 Excellence, in Shanghai Wednesday. The executive vehicles will be made in Daqing, China’s oil capital, and represent the latest product of a reinvigorated research and development program that’s bolstered profit and helped drive record sales for the Swedish icon.

Read more at - www.bloomberg.com/news/articles/2016-11-02/billionaire-li-to-unveil-new-volvos-after-rescuing-swedish-icon

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