Groupe PSA is the sole remaining bidder.
It's due to arrive at the end of the year.
No dealers, connectivity – it's definitely forward-looking.
The company and its first model are still shrouded in mystery.
Stay tuned for all the official details on October 20.
Because that's how things happen these days.
More details on Volvo's new 40-series small cars, including powertrain specs, body styles, and electrification.
Geely has introduced the new Emgrand EV in Guangzhou, launching its ambitious new Blue Geely Initiative to electrify 90 percent of the vehicles it sells by 2020.
Volvo reportedly intends to launch the XC40 compact crossover in 2018 on a new modular, compact platform. A new V40 and V40 Cross Country would use the same underpinnings when they launch the next year.
MyTime, a subsidiary of the same Chinese holding company that owns Geely Automotive and Volvo, now owns Miller Motorsports Park in Utah.
A Reuters story says that Volvo plans to ship a small number of its Chinese-built S60L sedans to the US this year, and that they could be joined by a Chinese-built S90 sedan.