Geely to announce a sub-Volvo Swedish brand

According to an article found by our member saabyurk, the press has picked up on a pending announcement by Geely, owners of the Volvo brand, that they are planning to introduce a new Swedish brand that will slot under Volvo in terms of content and price.  May 26 appears to be the date when this will formally be announced.  Apparently, the new brand will utilize a platform developed for Geely/Volvo under the leadership of a former Saab engineer.  All very interesting, and something to watch.  Here is the link: http://nordicwheels.de/volvo-startet-neue-automarke/

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