Volvo Cars and Geely, both part of the Zhejiang Geely Holding Group (ZGH), intend to merge their existing combustion engine operations into a stand-alone business. This will see the establishment of  a new global supplier that will seek to develop next-generation combustion engines and hybrid powertrains. The proposed new business would clear the way for … Continue reading Volvo Cars and Geely to merge engine operations to create stand-alone business