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Volvo and Geely deepen cooperation
Friday, 09 March 2012
Volvo Cars is
expected on Friday to sign a contract on technology transfer from the
company's Chinese owners of Zhejiang Geely Holding Group, said a source
with knowledge of the agreement.
The source further states that Volvo will continue to be run as an independent company in the group.
There was no indication of what kind of technology exchange agreement were being discussed about.
By Scancomark.se Team
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