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Geely to use Volvo's European plants for its high-end models

Chinese group Geely Automobile will manufacture some of its high-end models in Volvo's European plants.

Published 4j1 sourceNotable
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The fact

This move is part of a strategic reorganization announced during a leadership reshuffle.

It marks a key step in the industrial integration of both brands under the group.

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Why it matters

Cette mutualisation des sites de production pourrait réduire les coûts et accélérer la montée en gamme de Geely sur le marché européen, tout en optimisant l’utilisation des capacités industrielles de Volvo.

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