Chinese automaker Geely saved Volvo in 2010, buying the on-the-rocks Swedish automaker from Ford for $1.8 billion, but speculation persists whether the acquisition will amount to a corporate raid.
Not in this case, Geely’s top executive in Sweden says, countering some Western notions of the automaker as a stereotypical Chinese investor seeking intellectual property for use back in Asia and looking to move production to a lower-cost country.
Read more: WardsAuto
