Volvo sc90
Geely has completed the acquisition of Volvo, the Swedish automobile manufacturer, Geely now push Volvo to produce a premium car that deal directly with BMW and Mercedes.
Geely has bought Ford Motor's Volvo Group amounted to 1.5 billion dollars which is the largest acquisition in China. Geely still maintains R & D of the famous Volvo modil the safest.
Volvo R & D has recently published a draft Volvo SC90-concept design is expected to challenge the market is currently dominated by Mercedes-Benz S-Class and BMW 7 Series.
Last year, Volvo to produce 335,000 units of vehicles and the loss of 653 million dollars. Production is expected to increase to 380,000 units, so they can benefit.
As in most expensive variants of the Volvo S80 retails for $ 39,200, well below the $ 70,150 BMW 740i and Mercedes S400 for $ 87,950. Although the Chinese automaker Geely is the fastest growing sales and profits, but far behind BMW Mercedes and Porsche.
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