中国自動車大手とボルボが合併
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Volvo Cars (won’t) merge with Geely Auto (共同通信は誤報)
Volvo Cars and Geely Auto to Deepen Collaboration
https://www.media.volvocars.com/global/en-gb/media/pressreleases/277344/volvo-cars-and-geely-auto-to-deepen-collaboration
It seems the media event which is ongoing has too much traffic and I cannot open
They have been working for small car platform CMA since its JV establishment in 2013, it will further share the operations with a new powertraim JV, new platforms SPA2 and SEA, #automateddriving and other fields.
Cross-national organisations fail often as we saw between Daimler and Chrysler, Daimler and MMC, VW and Suzuki even before it took off... And the French-Japanese case...
But since 2013, Geely seemed to have done it better, by respecting Volvo as more advanced company than itself. I think it’s to be highly appreciated if it be seen same by the insiders, both Volvo team accepting the new owner and Geely’s approach.
What I wonder is Mr. Li plans with his stake in Daimler...