GEELY AUTOMOBILE PLANS TO MERGE WITH VOLVO CARS

Highlights

• In 2019, Geely Automobile sold 1.36 million cars 
• While Volvo sold over 700,000 cars

Geely Automobile and Volvo Cars plans to merge. They further plan to list in Hong Kong along with Stockholm, possibly. It will provide Volvo access to public markets. It was after it dropped a move to list its stock two years ago. Volvo Cars is the sister company of Geely Automobil....