Caixin
May 23, 2012 01:56 PM

Identity Crisis Rattles Volvo's Chinese Owner

 
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(Beijing)–New models bearing the Chinese-owned Volvo badge shared a luxury spotlight at the Beijing International Auto Show in April with perennial stars Mercedes-Benz, BMW and Lexus.

But behind the diamond-studded presentation was confusion over the legal status of Sweden-based Volvo Car Corp., it's business operations in China, and the company's owner China Zhejiang Geely Holding Group Co. Ltd.

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