Monday 10 January 2011

The Chinese Volvo

Most Swedish commentators, appear to be very happy about the new Chinese owners of the former pride of Sweden, Volvo cars. Yes, I agree, things may be going reasonably well for a couple of years. However, it will not take long before Geely will move most of the operation to mainland China. After having digested Volvo´s technology, there is actually no reason for the Chinese to continue with expensive manufacturing in Sweden.

Then there is the question about the seriousness of Geely as a car manufacturing company. Remember this Rolls Royce Phantom clone, proudly introduced by Geely as recently as 2009?

No comments: