It could mean more volume and new models.
It promises 'a focus on design, technology and performance.'
Expansive Utah Motorsports Campus covers 511 acres.
Rather than own chargers a la Tesla, Volvo will work with FreeWire.
Another strategy to build sales in China
Everybody's building one, so why aren't we soaring over traffic already?
It'll have a lithium-powered hybrid system and other upgrades.
Crossovers for U.S. shifted from China; quarterly profit up 29 percent.
Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish carmaker, Manager Magazin said, raising the possibility of increased cooperation between Mercedes-Benz and China's Geely.
Last year, Chinese carmaker Geely upped its stake in Lotus to a majority, recently investing more money into the British brand. Now, talking with Automotive News, CEO Jean-Marc Gales says Geely has approved three new models: two sports cars and the third an SUV.
The range extender hybrid should enter production this year.
"No current car industry player is likely to win this battle against the invaders from outside without friends... One has to adapt a new way of thinking in terms of sharing and combining strength. My investment in Daimler reflects this vision," Li said.
Here's what's next as Geely looks to Volvo trucks, reportedly buys a stake in Daimler.